August 28, 2018 / 1:32 PM / 3 months ago

EU mergers and takeovers (Aug 28)

BRUSSELS, Aug 28 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

APPROVALS AND WITHDRAWALS

-- U.S. consumer products maker Procter & Gamble to acquire German peer Merck KGaA's consumer health business (approved Aug. 27)

-- French company Europe Intermodal Holding, which is a unit of French group SNCF Mobilites, and Spanish holding company Krone-Mur Servifrio to acquire joint control of Spanish freight transport company Krone-Mur Primavia (approved Aug. 27)

NEW LISTINGS

-- Private equity firm KKR and French telecoms provider Altice to acquire joint control of Altice's French subsidiary SFR Filiale (notified Aug. 24/deadline Sept. 28/simplified)

-- French energy company Total to acquire gasd turbine power plant operators Pont Sur Sambre Power and Toul Power (notified Aug. 20/deadline Sept. 24/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

AUG 31

-- HK conglomerate CK Hutchison to acquire sole control of Italian mobile network Wind Tre from Dutch mobile operator Veon (notified July 12/deadline extended to Aug. 31 from Aug. 17 after Hutchison offered concessions)

SEPT 5

-- Luxembourg investment company JAB Holding Co S.a.r.l. to acquire British food outlet Pret a Manger (IPO-PRET.L) (notified July 31/deadlinie Sept. 5)

SEPT 6

-- Canadian real estate investor Ivanhoe Cambridge, which is a subsidiary of Canadian pension manager Caisse de depot et placement du Quebec, and Canada's Public Sector Pension Investment Board to recapitalise several Ivanhoe limited partnerships (notified Aug. 1/deadline Sept. 6/simplified)

-- Asset manager Carlyle Group to acquire Dutch chemicals and paints company Akzo Nobel's chemicals business (notified Aug. 1/deadline Sept. 6/simplified)

SEPT 12

-- Italian gas company Spigas, which is controlled by Germany's EnBW Energie BadenWürttemberg, and Italian peer Canarbino to acquire joint control of Italian gas company Miogas (notified Aug. 7/deadline Sept. 12/simplified)

SEPT 13

-- German car parts supplier ZF Friedrichshafen, German car brakes maker Gustav Magenwirth, German bike brakes maker Brake Force One GmbH and German car battery company Batterien-Montage-Zentrum GmbH to set up a joint venture (notified Aug. 8/deadline Sept. 13/simplified)

SEPT 14

-- French transport company Keolis and British infrastructure asset management company Amey to acquire joint control of British passenger rail services company W&B Rail Franchise (notified Aug. 9/deadline Sept. 14/simplified)

SEPT 17

-- International Flavors & Fragrances Inc to acquire Israeli flavours and ingredients maker Frutarom (notified Aug. 10/deadline Sept. 17/simplified)

SEPT 18

-- iPhone maker Apple to acquire UK music streaming service Shazam (notified March 14/deadline extended to Sept. 18 from Sept. 4 after the companies asked for more time)

SEPT 19

-- German carmaker Volkswagen's Italian car dealer Eurocar to acquire Italian peer Vicentini (notified Aug. 14/deadline Sept. 19)

-- Private equity firm KKR to acquire U.S. business software company BMC Software (notified Aug. 14/deadline Sept. 19/simplified)

-- French carmaker PGA Motors and Fiber to acquire joint control of auto dealer and car parts distributor Bernard Participations (notified July 31/deadline extended to Sept. 19 from Sept. 5 after the French competition authority asked to take over the case)

SEPT 20

-- Norwegian investment company Akastor, Japanese trading company Mitsui & Co and Japanese container shipping company Mitsui OSK Lines to acquire joint control of subsea oil and gas services company Akofs Offshore (notified Aug. 16/deadline Sept. 20/simplified)

SEPT 21

-- U.S. pharmaceutical company Biogen and South Korean peer Samsung BioLogics to have joint control of South Korean drugmaker Samsung Bioepis to set up a joint venture (notified Aug. 17/deadline Sept. 21/simplified)

-- Norwegian aluminium maker Norsk Hydro to acquire some of Anglo-Australian mining company Rio Tinto's aluminium production assets (notified Aug. 17/deadline Sept. 21)

SEPT 24

-- Real estate investment fund DV4, Dutch pension fund ABP and Canada's Ontario Municipal Employees Retirement System Primary Pension Plan to set up a British property joint venture (notified Aug. 20/deadline Sept. 24/simplified)

SEPT 26

-- U.S. private equity fund Charlesbank Partners Group to acquire joint control of contract food maker H-Food Holdings and the Hearthside group of companies (notified Aug. 22/deadline Sept. 26/simplified)

SEPT 27

-- Kuwait's sovereign wealth fund Kuwait Investment Authority to acquire oil and gas pipeline firm North Sea Midstream Partners from private equity firm ArcLight Capital (notified Aug. 23/deadline Sept. 27/simplified)

-- U.S. planemaker Boeing and French aerospace company Safran to set up a joint venture to make and service aircraft auxiliary power units (notified Aug. 23/deadline Sept. 27)

SEPT 28

-- U.S. management company Abry Partners to acquire Norwegian A2P messaging company Link Mobility ASA (notified Aug. 24/deadline Sept. 28/simplified)

NOV 30

-- Deutsche Telekom to acquire Swedish peer Tele2's Dutch unit and merge it with its Dutch business T-Mobile Nederland (notified May 2/deadline Nov. 30 after deadline suspension ended Aug. 6)

DEC 13

-- Copper company KME, which is part of Intek Group , to acquire German peer MKM Mansfelder Kupfer and Messing GmbH (notified June 4/deadline extended to Dec. 13 from Nov. 29 after the companies asked for more)

JAN 3

-- German copper products maker Wieland-Werke to acquire German copper smelter Aurubis' flat rolled products unit Products Schwermetall (notified June 13/deadline extended to Jan. 3 from Dec. 10 after the companies asked for more time)

JAN 8

-- French aerospace and defence group Thales to acquire Franco-Dutch chipmaker Gemalto (notified June 18/deadline extended to Jan. 8 from Nov. 29 from July 23 after the companies asked for more time)

SUSPENDED DEADLINE

-- Siemens and Alstom to merge their railway operations (notified June 8/deadline suspended on Aug. 7)

-- German company BASF to acquire Belgian chemicals company Solvay's worldwide polyamide business (notified May 22/deadline suspended on July 17)

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company's proposed remedies or an EU member state's request to handle the case. Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified - that is, ordinary first-stage reviews - until they are approved. (Reporting by Foo Yun Chee)

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