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RE: Update Reuters – EU Oil Refineries for Sale

Home Forums Refining Community Refinery News Update Reuters – EU Oil Refineries for Sale RE: Update Reuters – EU Oil Refineries for Sale


Charles Randall

Here is an Update on EU refineries and also several other industries with wide spectrum of EU mergers & sales – see that list below – CE Randall):
EU mergers and takeovers (Dec 21, 2010)
BRUSSELS, Dec 21, 2010 (Reuters)The following are mergers under review by the European Commission and a brief guide to the EU merger process:
— Media group News Corporation to take full control of British pay-TV company BSkyB (approved Dec. 21)
— Tranquilidade, part of financial group Espirito Santo Financial Group, and Spanish banking and insurance group Banco Pastor to acquire joint control of Spanish insurer Pastor Vida; Spanish investment fund manager Espirito Santo Gestion to acquire Spanish investment fund manager Gespastor (approved Dec. 21)
— Spain’s Banco Santander to acquire Poland’s Bank Zachodni WBK from Allied Irish Banks (approved Dec. 21)
– French private equity group PAI to acquire Dutch clothing retailer Hunkemoller (notified Dec. 16/deadline Jan. 31/simplified)
— Swedish mobile network equipment maker Ericsson to acquire the multi-service switch business of Canadian group Nortel (withdrawn Nov. 30)
DEC 22
— U.S. bug spray maker SC Johnson to acquire Sara Lee  Corp’s remaining insecticide business (notified Nov. 3/deadline extended to Dec. 22 from Dec. 8 after company offers commitments)
— British company Mitsui Renewable, which is part of Mitsui & Co, to acquire a minority stake in Spanish energy company Guzman from FCC Energia SA (notified Nov. 17/deadline Dec. 22/simplified)
— Swiss trading and services company Coop Cooperative to acquire sole control of food wholesaler Transgourmet (notified Nov. 18/deadline Jan. 3/simplified)
— London-listed petrochemical giant Royal Dutch Shell and Brazil’s Cosan to form a joint venture for the production and sale of sugar and sugar by-products, ethanol and by-products (notified Nov. 18/deadline Jan. 03)
— U.S. industrial group GE to acquire U.S. oil equipment maker Dresser Inc. (notified Nov. 19/deadline Jan. 4)
— Thomas Cook to merge its high street and foreign exchange business with British mutual retailer Co-operative group’s operation (notified Nov. 9/deadline extended to Jan. 6 from Dec. 14 after the British regulator submitted a referral request)
— German car parts companies Brose Fahrzeugteile GmbH & Co and SEW -Eurodrive GmbH & Co to set up a joint venture (notified Nov. 23/deadline Jan. 6/simplified)
— Danish cooperative slaughterhouse copany Danish Crown to acquire German peer D&S Fleisch (notified Nov. 23/deadline Jan. 6/simplified)
— Brazilian groups Votorantim and Fischer to merge (notified Nov. 24/deadline Jan. 7)
— Private equity firms First Reserve Corporation and Blackstone to acquire joint control of North American oil refinery operator PBF Energy (notified Nov. 24/deadline Jan. 7/simplified)
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