Press Release: Mergers: Commission approves proposed acquisition of parts of Ingersoll Rand Company by Doosan

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Bobcat, Ingersoll Rand Utility Equipment and Ingersoll Rand Attachments (together "Bobcat"), three business units of the Ingersoll Rand Company of the US, by the South Korean company Doosan Infracore Co Ltd. 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.