EU mergers and takeovers (Feb 7)
BRUSSELS, Feb 7 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
APPROVALS AND WITHDRAWALS
None
NEW LISTINGS
-- Investment fund Apollo to acquire joint control of Irish department store Arnotts which is now jointly controlled by British bank RBS (LSE: RBS.L - news) and IBRC Bank (notified Feb. 4/deadline March 11/simplified)
EXTENSIONS AND OTHER CHANGES
None
FIRST (Other OTC: FSTC - news) -STAGE REVIEWS BY DEADLINE
FEB 12
-- Finnish steelmaker Outokumpu (Other OTC: OUTKF - news) to sell Acciai Speciali Terni, a large Italian stainless steel mill, and specialty high-performance alloy unit VDM to ThyssenKrupp (Frankfurt: TKA.F - news) , their previous owner (notified Jan. 8/deadline Feb. 12)
-- Japanese trading company Marubeni (Dusseldorf: MARA.DU - news) and private equity firm INCJ to acquire joint control of AGS, a Portuguese water company (notified Jan. 8/deadline Feb. 12/simplified)
FEB 18
-- Cintra Infraestructuras, Abertis Autopistas Espana and Itinere Infraestructuras to set up joint venture to market and distribute electronic equipment to pay on Spanish toll motorways (notified Jan. 14/deadline Feb. 18)
-- U.S. grain trader Archer Daniels Midland FEB 20 -- Irish building materials producer CRH Group and Luja Group to combine their concrete business in Russia (notified Jan. 16/deadline Feb. 20/simplified) FEB 24 -- Qatar Petroleum International, Greek construction company GEK Terna (Frankfurt: A0B6AU - news) and French gas and power utility GDF Suez (TLO: GAZ-U.TI - news) to acquire joint control of Greek power plant operator Heron II which is now jointly controlled by GEK Terna and GDF Suez (notified Jan. 20/deadline Feb. 24/simplified) FEB 26 -- French bank BPCE and Belgian private equity company GIMV (Brussels: GIMB.BR - news) to acquire joint control of Veolia Transport Belgium (notified Jan. 22/deadline Feb. 26/simplified) FEB 28 -- Investment fund Apollo Group and Spanish financial services fund Fondo de Garantia de Depositos de Entidades de Credito to acquire joint control of air parts maker Synergy (BSE: SYNERGY.BO - news) (notified Jan. 24/deadline Feb. 28/simplified) -- U.S. food packager Crown Holdings (NYSE: CCK - news) to buy Spanish food-can maker Mivisa Envases from investment funds the Blackstone Group, N+1 Mercapital and management (notified Jan. 24/deadline Feb. 28) -- Canadian investment fund Canada Pension Plan Investment Board to acquire joint control of Luxembourg-based property developer Parque Principado from real estate developer Intu (LSE: INTU.L - news) Holding S.a.r.l (notified Jan. 24/deadline Feb. 28/simplified) MARCH 4 -- Publisher Aller Media AB and Swedish publisher Egmont Holding AB to acquire joint control of online publisher Mediafy, which is now controlled by publisher Bonnier Tidskrijfter (notified Jan. 28/deadline March 4) MARCH 5 -- U.S. chemical maker Huntsman Corp to acquire U.S. peer Rockwood Holdings (Frankfurt: R6H.F - news) 's titanium dioxide pigments business (notified Jan. 29/deadline March 5) MARCH 6 -- Russian oil producer Lukoil (MCX: LKOH.ME - news) to acquire Italian energy company ISAB Energy S.r.l and ISAB Energy Services S.r.l. (notified Jan. 30/deadline March 6/simplified) MARCH 7 -- U.S. fuel products provider World Fuel Services Corp (NYSE: INT - news) to buy British petroleum products distributor Watson Petroleum Ltd (notified Jan. 31/deadline March 7/simplified) MARCH 21 -- Switzerland-based INEOS and Belgian chemicals company Solvay (Other OTC: SVYZY - news) to form a joint venture (notified Sept. 16/deadline extended for the second time to March 21 from Nov. 5 after the European Commission opened an in-depth investigation) MARCH 31 -- Swiss cement maker Holcim (Other OTC: HCMLF - news) to buy some of Mexican peer Cemex's assets in Europe . (notified Sept. 3/deadline extended for the second time to May 2 from March 31) APRIL 24 -- Hutchison 3G UK to acquire Telefonica Ireland, a unit of Spanish telecoms provider Telefonica (Madrid: TEF.MC - news) (notified Oct. 1/deadline extended to April 24 from March 24) MAY 14 -- Spanish telecoms provider Telefonica to buy Dutch peer KPN (Amsterdam: KPN.AS - news) 's German unit (notified Oct. 31/Commission opened in-depth probe on Dec. 20, new deadline May 14) 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.