Tag Archives: joint venture

EC cleared Virgin Atlantic joint acquisition by Delta (49%) and Virgin Group (51%)

Posted on 24, June 2013 by EuropaWire PR Editors

Brussels, 24-6-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over Virgin Atlantic by Delta and Virgin Group. Delta will replace Singapore Airlines as a 49% minority shareholder in Virgin Atlantic, … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Investment, Law, Transportation & Logistics, Travel, United Kingdom

Tagged acquisition, Delta, EU Merger Regulation, joint acquisition, joint venture, Merger Regulation, Mergers, minority shareholder, passenger air transport operations, Singapore Airlines, The European Commission, Virgin Atlantic, Virgin Group

EC, CERN to support the construction of SESAME, major research facility in the Middle East

Posted on 28, May 2013 by EuropaWire PR Editors

Brussels, 28-5-2013 — /europawire.eu/ — The European Commission and CERN have today agreed to support the construction of SESAME, one of the most ambitious research facilities in the Middle East. SESAME is a so-called synchrotron light source, functioning in effect like … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Non Profit, Science, Switzerland, Technology

Tagged advanced materials, Bahrain, Berlin, BESSY laboratory, biological processes, CERN, cultural artefacts, Cyprus, EC, EGYPT, giant microscope, Iran, Israel, joint venture, JORDAN, Khaled Toukan, Máire GEOGHEGAN-QUINN, Middle East, Pakistan, Palestinian Authority, research facility, researchers, Rolf Heuer, scientific projects, scientists, SESAME, synchrotron light source, Synchrotron-light for Experimental Science and Applications, The European Commission, Turkey

Air Canada, United and Lufthansa commit to address EC concerns over revenue-sharing joint venture

Posted on 24, May 2013 by EuropaWire PR Editors

Brussels, 24-5-2013 — /europawire.eu/ — Antitrust: Commission renders legally binding commitments from Star alliance members Air Canada, United and Lufthansa on transatlantic air transport passenger market. The European Commission has accepted commitments offered by Air Canada, United and Lufthansa to address the … Read the full press release →

Posted in Aviation & Aerospace, Business, European Union, Financial, Government, Law, Transportation & Logistics, Travel

Tagged Air Canada, ANTITRUST, Brussels, EU antitrust rules, Frankfurt-New York route, joint venture, Lufthansa, passenger market, passengers, revenue-sharing joint venture, Star alliance, transatlantic air transport, transatlantic air transport passenger market, United

Alstom Grid and KEPCO formed KEPCO Alstom Power Electronics Systems joint venture in Korea

Posted on 20, May 2013 by EuropaWire PR Editors

20-5-2013 — /europawire.eu/ — Alstom Grid and Korea Electric Power Corporation (KEPCO), one of the largest electric utilities in the world, have announced the creation of KEPCO Alstom Power Electronics Systems (KAPES). The joint venture will focus on delivering high … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Technology

Tagged Alstom Grid, electric utilities, high voltage direct current, HVDC, joint venture, KAPES, KEPCO, KEPCO Alstom Power Electronics Systems, KOREA, Korea Electric Power Corporation, Patrick Plas, Supergrids

Arla acquires the last 25% of the joint venture that controls its Russian activities

Posted on 15, May 2013 by EuropaWire PR Editors

Acquisition to cement Arla’s Russian ambitions 15-5-2013 — /europawire.eu/ — After more than five successful years in Russia, Arla has purchased the last 25 pct. of the joint venture that controls its Russian activities. The former owner, Mike Lyasko, will continue … Read the full press release →

Posted in Agriculture, Business, Denmark, Financial, Food & Beverage, Investment, Russia

Tagged acquisition, Arla, Arla Foods, Arla subsidiary, Artis, Castello, dairy company, farmers, Hans Christensen, joint venture, Lurpak, Mike Lyasko, organic foods, Russian market

Sapa joint venture deal between Orkla ASA & Norsk Hydro ASA cleared by the EU Commission

Posted on 14, May 2013 by EuropaWire PR Editors

14-5-2013 — /europawire.eu/ — The EU Commission has today approved the transaction between Norsk Hydro ASA and Orkla ASA to form a 50/50 joint venture, to be named Sapa. Pending necessary approval from Chinese competition authorities, the parties expect the transaction … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Industrial, Investment, Law, Metals and Minerals, Netherlands, Norway, Sweden

Tagged aluminium, Chinese competition authorities, competition authorities, deal, EU Commission, Harderwijk, joint venture, MOFCOM, Norsk Hydro ASA, Orkla ASA, Oslo, Raufoss, Sapa, Vetlanda

EC approved the merger between Norsk Hydro ASA and Sapa Holding AB, subject to conditions

Posted on 13, May 2013 by EuropaWire PR Editors

Brussels, 13-5-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed creation of a joint venture between Norsk Hydro ASA and Orkla ASA’s wholly-owned subsidiary Sapa Holding AB, both Norwegian companies active in the soft-alloy aluminium extrusions … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Industrial, Investment, Law, Metals and Minerals, Norway

Tagged EEA, European Economic Area, Hydro, Joaquin Almunia, joint venture, MERGER, Mergers, Nordic Region, Norsk Hydro ASA, Norwegian companies, Orkla ASA, Sapa, Sapa Holding AB, soft alloy extruders, soft-alloy aluminium

Cement Australia to be operated as a joint venture by HeidelbergCement and Holcim

Posted on 15, April 2013 by EuropaWire PR Editors

HeidelbergCement and Holcim intend joint control of Cement Australia 15-4-2013 — /europawire.eu/ — HeidelbergCement and Holcim intend to balance their respective interests in Cement Australia and to operate the company as a joint venture. HeidelbergCement plans to acquire from Holcim … Read the full press release →

Posted in Business, Construction, Germany, Industrial, Investment, Switzerland

Tagged ACCC, acquire, Australia, building materials, Cement, Cement Australia, cement producer, Dr. Bernd Scheifele, FIRB, grinding station, Hanson Australia, joint venture, Port Kembla, share capital, Tasmania