Press Release: Mergers: Commission approves proposed acquisition of Continental by Schaeffler

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Series Details IP/08/2044 (19.12.08)
Publication Date 19/12/2008
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The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Continental AG, a German manufacturer of car components, by Schaeffler KG, also 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/08/2044&format=HTML&aged=0&language=EN&guiLanguage=en
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