Press Release: Mergers: Commission approves Wood Group and Siemens joint venture

Author (Corporate)
Series Title
Series Details IP/14/475 (24.04.14)
Publication Date 24/04/2014
Content Type

On 24 April 2014, the European Commission cleared the proposed creation by Wood Group (US) and Siemens (Germany) of a joint venture (JV) for rotating equipment services under the EU Merger Regulation. The Commission's investigation confirmed that the proposed transaction did not raise competition concerns.
Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-475_en.htm
Related Links
European Commission: Competition: Mergers http://ec.europa.eu/competition/mergers/legislation/regulations.html
European Commission: DG Competition http://ec.europa.eu/competition/index_en.html
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Countries / Regions