The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of sole control of Air Europa Holding, S.L. (‘Air Europa’) by International Consolidated Airlines Group, S.A. (‘IAG’). The Commission has preliminary concerns that the transaction may reduce competition in the market for passenger air transport services on […]
Commission approves acquisition of Raytheon by UTC, subject to conditions
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Raytheon by United Technologies Corporation (UTC). The approval is conditional on the divestiture of a remedy package. The transaction combines UTC’s aerospace businesses and Raytheon’s defence business. Both companies are global suppliers of military systems and equipment to aircraft and guided […]
Commission approves acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur
The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of joint control over Prosegur Alarmas by Telefónica and Prosegur. The Commission concluded that the transaction would raise no competition concerns in the European Economic Area. Under the proposed acquisition, Telefónica will acquire half of the shares of Prosegur Alarmas from […]