Press Release: Mergers: Commission approves proposed acquisition of Siemens VDO by Continental

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Series Details IP/07/1816 (29.11.07)
Publication Date 29/11/2007
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The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Siemens VDO Automotive GmbH, the automotive business of Siemens, by Continental AG, both of Germany. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1816&format=HTML&aged=0&language=EN&guiLanguage=en
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