EU mergers and takeovers (Jan 12)
BRUSSELS, Jan 12 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
APPROVALS AND WITHDRAWALS
-- Property investment management company Jones Lang LaSalle and UK real estate investment fund Intu Properties (LSE: INTU.L - news) to jointly acquire a shopping centre in Norwich, UK (notified Dec (Shanghai: 600875.SS - news) . 8/approved Jan. 12/simplified)
NEW LISTINGS
-- Units (Berlin: 0E41.BE - news) of Ivanhoe Cambridge and QuadReal Property to set up joint venture to invest in Indian real estate projects, particularly logistics parks. (notified Jan. 10/ deadline Feb. 14/ simplified)
-- Private Equity Fund Nordic Capital VIII Limited to buy Alloheim Senioren-Residenzen Holding SE (notified Jan. 9/ deadline Feb. 13/ simplified)
-- EDF Unit EDF ENR PWT and Canadian Solar (NasdaqGS: CSIQ - news) to set up joint venture (notified Jan. 9/ deadline Feb. 13/ simplified)
EXTENSIONS AND OTHER CHANGES
None
FIRST (Other OTC: FSTC - news) -STAGE REVIEWS BY DEADLINE
None
JAN 18
-- UK retailer JD Sports Fashion Plc (LSE: JD.L - news) , investment vehicle Balaiko Firaja Invest and food and non-food trader Sonae MC, which is controlled by Efanor Investimentos, to jointly acquire sports goods retailer JDSH Sprinter Holdings 2010 (notified Dec. 5/deadline Jan. 18)
JAN 23
-- U.S. television network Discovery Communications (Frankfurt: DC6.F - news) to acquire U.S. peer Scripps Networks Interactive Inc (NasdaqGS: SNI - news) (notified Dec. 8/deadline Jan. 23)
JAN 24
-- Chinese pork supplier WH Group (HKSE: 0288-OL.HK - news) subsidiary and U.S. meat producer Smithfield to acquire Polish meat company Pini Polonia (notified Nov. 27/deadline extended to Jan. 24 from Jan. 10/Polish competition authority asked to review the case Dec. 15)
-- CFC (Shanghai: 600977.SS - news) , which is part of Chinese conglomerate the CEFC Group and investment company Rockawy Capital to jointly acquire Czech holding company European Bridge Travel (notified Dec. 11/deadline Jan. 24/simplified)
JAN 25
-- SHV Holdings, through its LPG sector specialist SHV Energy, to acquire full control of Liquigas, a joint venture of SHV and Brixia Finanziaria (notified Dec. 12/deadline Jan. 25/simplified)
JAN 30
-- U.S. insulation and roofing company Owens Corning Finland to acquire financial services provider Parry 1 Holding (notified Dec. 15/deadline Jan. 30)
JAN 31
-- Madison Dearborn Partners Enter to acquire a portion of AmTrust Financial Services (Frankfurt: 721.F - news) ' U.S. fee businesses
(notified Dec. 18/deadline Jan. 31/simplified)
-- Bunge to buy downstream edible oils and fats business Loders of Malaysia's IOI.(notified Dec. 18/deadline Jan. 31/simplified)
FEB 1
-- Investment firm CD&R to take a 40 pct stake in D'Ieteren's windshield repair service Belron.
(notified Dec. 19/deadline Feb. 1/simplified)
-- Japan's Mitsui & Co and Grupo Salvador to joinly buy Portuguese bus manufacturer Caetanobus.
(notified Dec 19/deadline Feb.1/simplified)
-- Steel group Schmolz + Bickenbach (Frankfurt: 905370 - news) to acquire some assets of Asco Industries. (notified Dec. 19/deadline Feb. 1/simplified)
FEB 2
-- Investment firms Vitruvian and Verdane Capital Advisors to take joint control of online car parking service EasyPark. (notified Dec. 21/deadline Feb. 2/simplified)
-- Holding company EG Group to buy Esso Germany's business. (notified Dec. 21/deadline Feb. 5/simplified)
-- Packaging manufacturer S.A. Industrias Celulosa Aragonesa (SAICA) to acquire peer Emin Leydier. (notified Dec. 20/deadline Feb. 2/simplified)
FEB 6
-- German renewable energy producer BayWa (IOB: 0AH6.IL - news) r.e. to acquire all of the shares in and control over C.E.T. Clean Energy Trading GmbH. (notified Dec. 22/deadline Feb. 6/simplified)
-- Italian EDF unit Edison (Stuttgart: 1517689.SG - news) to buy Gas Natural (Frankfurt: 38G.F - news) 's unit Gas Natural Vendita Italia. (notified Nov. 22/deadline Feb. 6/simplified)
-- German engineering group Hochtief (IOB: 0EPW.IL - news) to take sole control of Spanish peer Abertis (Amsterdam: IF6.AS - news) . (notified Dec 22/deadline Feb 6.)
FEB 12
-- Swiss logistics group Kuehne + Nagel to acquire sole control of the drinks distribution joint venture Kuehne + Nagel Drinkflow Logistics Holdings Limited (notified Jan. 8/deadline Feb. 12/simplified)
-- Ireland (Other OTC: IRLD - news) 's Toohil Telecom to acquire Eircom Holdco SA from a group of investors. (notified Jan. 8/deadline Feb. 12/simplified)
FEB 13
-- Private Equity Fund Nordic Capital VIII Limited to buy Alloheim Senioren-Residenzen Holding SE (notified Jan. 9/ deadline Feb. 13/ simplified)
-- EDF Unit EDF ENR PWT and Canadian Solar to set up joint venture (notified Jan. 9/ deadline Feb. 13/ simplified)
FEB 14
-- Units of Ivanhoe Cambridge and QuadReal Property to set up joint venture to invest in Indian real estate projects, particularly logistics parks. (notified Jan. 10/ deadline Feb. 14/ simplified)
MARCH 5
-- German industrial group Bayer (IOB: 0P6S.IL - news) to acquire U.S. seeds company Monsanto (Hamburg: 1132157.HM - news) (notified June 30/deadline March 5)
MARCH 8
-- Italian eyewear maker Luxottica (Milan: LUX.MI - news) and French lens manufacturer Essilor to merge (notified Aug. 22/deadline March 8)
MARCH 15
-- U.S. smartphone chipmaker Qualcomm (Swiss: QCOM-USD.SW - news) to acquire Dutch company NXP Semiconductors NV (NasdaqGS: NXPI - news) (notified April 28/deadline March 15)
MARCH 19
-- U.S. specialty material company Celanese and private equity firm Blackstone (NYSE: BX - news) to combine their cellulose acetate tow units under a new joint venture (notified Sept. 9/deadline extended to March 19 from March 5)
APRIL 4
-- Luxembourg-based steelmaker ArcelorMittal (LSE: 0NSF.L - news) to acquire Italian steel plant (notified Sept. 21/deadline extended to April 4 from March 23 after the companies asked for more time)
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. (Reporting by Foo Yun Chee)