Press Release: Mergers: Commission clears reacquisition of Acciai Speciali Terni and VDM by ThyssenKrupp, concluding the remedy implementation process following the Outokumpu/Inoxum merger

Author (Corporate)
Series Title
Series Details IP/14/143 (12.02.14)
Publication Date 12/02/2014
Content Type

On 12 February 2014, Tthe European Commission concluded that the proposed reacquisition of Acciai Speciali Terni (AST) and Outokumpu VDM (VDM) by ThyssenKrupp AG (TK) was in line with the EU merger regulation. The reacquisition did not raise any competition concerns, since the merged entity would continue to face a number of credible competitors.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-143_en.htm
Related Links
ESO: Background information: Mergers: Commission approves Outokumpu's acquisition of Inoxum, subject to conditions http://www.europeansources.info/record/press-release-mergers-commission-approves-outokumpus-acquisition-of-inoxum-subject-to-conditions/

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