Press Release: Mergers: Commission approves proposed acquisition of Saeco by Philips

Author (Corporate)
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Series Details IP/09/1162 (17.07.09)
Publication Date 17/07/2009
Content Type

The European Commission cleared under the EU Merger Regulation the proposed acquisition of the Italian company Saeco International Group S.p.A (SIG) by Koninklijke Philips Electronics N.V. of The Netherlands. 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/09/1162&format=HTML&aged=0&language=EN&guiLanguage=en
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