Press Release: Mergers: Commission approves planned acquisition of 50% stake in Cebo by S&B

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of 50% of the shares in Cebo of the Netherlands, currently held by Cementbouw also of the Netherlands, by S&B of Greece. The remaining 50% of the shares in Cebo are held by Halliburton of the US. 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.