AMC 1.11% $16.42 amcor plc

News: AMC EU mergers and takeovers (Feb 11)

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    BRUSSELS, Feb 11 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger proces

    APPROVALS AND WITHDRAWALS -- Global packaging supplier Amcor (AMC) to acquire U.S.-rival Bemis BMS.N (approved Feb. 11)

    NEW LISTINGS -- Investindustrial VI L.P.'s investment subsidiary World Confectionery Group S.a r.l to acquire sole control of Spain's chocolate company Natra S.A. NATR.MC (notified Feb. 8/deadline March 15/simplified)

    -- On-street parking company Saba Portugal and road infrastructure operator Egis Portugal to acquire joint control of Viseu Car Park Assets (notified Feb. 5/deadline March 12/simplified)

    -- Mitsubishi Corp. 8058.T and Franz Haniel & Cie.

    subsidiary ELG Haniel GmbH to acquire joint control over ELG Carbon Fibre Ltd. by way of purchase of shares (notified Feb. 6/deadline March 13/simplified)

    EXTENSIONS AND OTHER CHANGES -- UK mobile telephony provider Vodafone VOD.L to acquire U.S. Liberty Global's LBTYA.O telecommunications business in the Czech Republic, Germany, Hungary and Romania (notified Oct. 19/deadline June 3)

    FIRST-STAGE REVIEWS BY DEADLINE

    FEB 11 -- French financial services group Societe Generale SOGN.PA to acquire sole control of German peer Commerzbank's CBKG.DE equity markets and commodities business (notified Jan. 7/deadline Feb. 11)

    FEB 12 -- French airline Air France-KLM AIRF.PA to acquire a stake and joint control with U.S. Delta Air Lines DAL.N and Virgin Group of U.K.-based Virgin Atlantic Limited (notified Jan. 8/deadline Feb. 12)

    FEB 13 -- Singapore's Sivantos and Denmark's Widex to create a hearing aid and hearing accessory manufacturing and supply joint venture (notified Jan. 9/deadline Feb. 13)

    FEB 15 -- United Arab Emirates-based Mubadala Investment Company

    and Amerra Capital Management LLC to jointly acquire majority stakes in Greek fish farming companies Nireus SANIRr.AT and Selonda SELr.AT (notified Dec. 18/deadline extended to Feb. 15 from Feb. 1 after the companies offered concessions)

    FEB 20 -- German brewers Radeberger and Veltins to set up a joint venture to distribute and sell their beers (notified Jan. 16/deadline Feb. 20/simplified)

    -- Mitsubishi Heavy Industries 7011.T and Danfoss to take joint control of Edinburgh-based hydraulics technology firm Artemis Intelligent Power (notified Jan. 16/deadline Feb. 20/simplified)

    -- Japanese heating, ventilation and air conditioning manufacturer Daikin Europe 6367.T to acquire sole control of plug-in display case manufacturer Cool International Holding (notified Jan. 16/deadline Feb. 20/simplified)

    -- Brookfields Asset Management to acquire Johnson Controls' JCI.N power solutions business (notified Jan. 16/deadline Feb. 20/simplified)

    FEB 21 -- Automotive parts manufacturer Financiere SNOP Dunois S.A. to acquire sole control of peer Tower Automotive Holdings Europe (notified Jan. 17/deadline Feb. 21/simplified)

    -- Caise des Depots et Consignations and a unit of Swiss Life REIM to jointly buy a building in Bracon, France (notified Jan. 17/deadline Feb. 21/simplified)

    -- A consortium led by China's Anta Sports 2020.HK to acquire Finland's Amer Sports AMEAS.HE (notified Jan. 17/deadline Feb. 21/simplified)

    FEB 22 -- Swiss insurance company Swiss Life Holding and English private equity firm Montagu Private Equity to indirectly acquire joint control of a Munich office building through an asset deal (notified Jan. 18/deadline Feb. 22/simplified)

    FEB 26 -- U.S. global investment firm KKR KKR.N to acquire indirect joint control of Australia's Genesis Care Pty Ltd. with Hong Kong holding company China Resources (notified Jan. 22/deadline Feb. 26/simplified)

    -- German utility RWE RWEG.DE to acquire networks and renewables unit Innogy IGY.DE with the assets to be divided between RWE and E.ON EONGn.DE (notified Jan. 22/deadline Feb. 26)

    -- IIF Int'l Holding to acquire joint control of gas infrastructive business North Sea Midstream Partners Ltd. (notified Jan. 22/deadline Feb. 26/simplified)

    FEB 27 -- Agricultural commodities trader Archer Daniels Midlands ADM.N to acquire UK grains supplier Gleadell Agriculture (notified Jan. 23/deadline Feb. 27/simplified)

    FEB 28 -- France's Engie ENGIE.PA and BPCE Group to acquire joint control of French power producer Engie PV Curbans (notified Jan. 24/deadline Feb. 28/simplified)

    -- Energy investment holding company LetterOne Holdings and chemical sector stock corporation BASF BASFn.DE to create joint venture combining oil and gas activities (notified Jan. 24/deadline Feb. 28)

    MARCH 1 -- Greencycle Holding and Germany's cardboard producing group Nord-Westdeutsche Papierrohstoff to create online waste material trading platform joint venture (notified Jan. 25/deadline March 1/simplified)

    -- U.S.-headquartered Blackstone Group BX.N to acquire indirect joint control by way of share acquisition with Ireland-based Sretaw over Irish waste, recycling and utilities company Beauparc (notified Jan. 25/deadline March 1/simplified)

    -- Brussels Airport Company to acquire indirect joint control of Airhotel Belgium with Marriot MAR.O (notified Jan. 25/deadline March 1/simplified)

    -- French energy group Engie ENGIE.PA , French tyre maker Michelin MICP.PA , the Auvergne-Rhone-Alpes Region and French public sector lender Caisse des Depots et Consignations to set up a joint venture (notified Jan. 25/deadline March 1/simplified)

    MARCH 4 -- CVC Capital Partners to acquire sole control of insurer April Group (notified Jan. 28/deadline March 4/simplified)

    -- Real estate investor Patron Fund and U.S. hotel chain Marriot MAR.O to acquire joint control of Poland's Sheraton Warsaw Hotel (notified Jan. 28/deadline March 4/simplified)

    MARCH 6 -- U.S. aircraft parts maker Spirit Aerosystems Holdings Inc SPR.N to acquire EU-based supplier Asco Industries NV (notified Jan. 30/deadline March 6)

    MARCH 7 -- German energy company E.ON EONGn.DE to acquire German peer Innogy's retail and network activities IGY.DE (notified Jan. 31/deadline March 7)

    -- U.S. telecoms equipment maker CommScope COMM.O to acquire set-top box maker Arris International Plc ARRS.O (notified Jan. 31/deadline March 7/simplified)

    -- Private equity firm The Carlyle Group CG.O to acquire aviation services company StandardAero from buyout firm Veritas Capital (notified Jan. 31/deadline March 7/simplified)

    -- Cayman Island-based private equity firm Clayton, Dubilier & Rice Fund X, L.P. to acquire sole control from investment vehicle Cheadle Developments Ltd. over Jersey-based FH Investments Ltd. through a share purchase (notified Jan. 31/deadline March 7/simplified)

    MARCH 8 -- Energy producer and provider Total Holdings USA to acquire sole control over oil and natural gas production company Chevron Denmark (notified Feb. 1/deadline March 8)

    -- Insurer Marsh & McLennan Companies MMC.N to acquire share capital of British peer Jardine Lloyd Thompson Group JLT.L (notified Feb. 1/deadline March 8)

    MARCH 11 -- Global aerospace producer, designer and supplier TransDigm Group TDG.N to acquire sole control over manufacturing company Esterline Technologies ESL.N (notified Feb. 4/deadline March 11)

    -- DA Agravis Machinery Holding and Danish Agro Machinery Holding to acquire Kesko Group's agrimachinery activities in Finland, Estonia, Latvia and Lithuania from Finnish subsidiary Konekesko Oy (notified Feb. 4/deadline March 11)

    MARCH 12 -- UK-based asset manager Intermediate Capital Group ICP.L to acquire control of Grupo Konectanet, S.L. and Konecta Activos Immobiliarios, S.L. and companies controlled by them (notified Feb. 5/deadline March 12/simplified)

    -- Swedish investment company Nalka Invest AB to acquire sole control of medical supply distributor OneMed AB (notified Feb. 5/deadline March 12/simplified)

    APRIL 16 -- Steel company Aperam APAM.AS to acquire Netherlands producer of materials from nickel and nickel alloy VDM Metals Holding (notified Oct. 23/deadline extended to April 16 from Nov. 29 after the European Commission opened an in-depth investigation)

    APRIL 29 --- Germany's Thyssenkrupp TKAG.DE and India's Tata Steel TISC.NS to set up a steel joint venture (notified Sept. 25/deadline April 29)

    MAY 13 -- Electronic and motor manufacturing company Nidec 6594.T to acquire sole control of U.S. white goods maker Whirlpool Corp's WHR.N compressor subsidiary Embraco (notified Oct. 8/deadline May 13/concessions offered Feb. 11)

    GUIDE TO EU MERGER PROCESS DEADLINES: The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 working days to 35 working days, to consider either a company's proposed remedies or an EU member state's request to handle the case. Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

    SIMPLIFIED: Under the simplified procedure, the Commission announces the clearance of uncontroversial first-stage mergers without giving any reason for its decision. Cases may be reclassified as non-simplified - that is, ordinary first-stage reviews - until they are approved.

 
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