EU mergers and takeovers (Sept 8)
BRUSSELS, Sept 8 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
APPROVALS AND WITHDRAWALS
-- French oil and gas major Total (LSE: 524773.L - news) to take over Lampiris, Belgium's third-largest natural gas and renewable power vendor (approved Sept. 7)
NEW LISTINGS
-- China National Chemical Corp (ChemChina) to acquire crop protection maker Adama Agricultural Solutions from Israel's Discount Investment Corp (notified Sept. Sept. 7/deadline Oct (HKSE: 3366-OL.HK - news) . 12/simplified)
-- UK property developer Segro (Frankfurt: S4VC.F - news) and Canada's Public Sector Pension Investment Board to jointly acquire a Polish logistics unit (notified Sept. 7/deadline Oct. 12/simplified)
-- French jewellery retailer Thom S.A.S (Other OTC: UBGXF - news) ., which is owned by private equity firm Bridgepoint Group Ltd, to acquire Italian peer Stroili Oro S.p.A. (notified Sept. 7/deadline Oct. 12/simplified)
-- German cement producers Heidelbergcement (LSE: 0MG2.L - news) and Schwenk to jointly acquire Mexican peer Cemex's Croatian unit (notified Sept. 5/deadline Oct. 10)
EXTENSIONS AND OTHER CHANGES
None
FIRST (Other OTC: FSTC - news) -STAGE REVIEWS BY DEADLINE
SEPT 9
-- Commodities trader Archer Daniels Midland Co and Singaporean palm oil processor Wilmar International Ltd to acquire joint control of Olenex joint venture (notified Aug. 4/deadline Sept. 9)
-- Investment fund Partners Group to acquire real estate services provider Foncia Holding and its subsidiaries (notified July 4/deadline Aug. 9/simplified)
SEPT 14
-- Private equity firm First Reserve to acquire UK service provider Morrison Utility Services (notified Aug. 9/deadline Sept. 14/simplified)
SEPT 15
-- Private investment company Ardian to acquire joint control of fibre product producer Kemide and its subsidiary Kermel (notified Aug. 10/deadline Sept. 15/simplified)
SEPT 16
-- Dutch infrastructure fund DIF and French utility EDF (Hanover: E2F.HA - news) to acquire German gas grid Thyssengas (notified Aug. 11/deadline Sept. 16)
SEPT 19
-- Canon Inc (Other OTC: CAJFF - news) to acquire Toshiba Corp (Swiss: TOSH.SW - news) 's medical equipment unit (notified Aug. 12/deadline Sept. 19)
-- A division of Chinese aviation and shipping conglomerate HNA Group to buy U.S-based Carlson Hotels Inc, owner of the Radisson hotel chain (notified Aug. 12/deadline Sept. 19
SEPT 20
-- Impulsora Del Desarrollo Y El Empleo En America Latina, S.A.B. De C.V., CPPIB and Ontario teachers' pension plan create strategic partnership to invest in infrastructure assets in Mexico (notified Aug. 16/deadline Sept. 20/simplified)
-- China's HNA Group to acquire Swiss airline catering firm Gategroup (notified Aug. 16/deadline Sept. 20)
-- Agricultural commodities trader Bunge to acquire majority stake in German company Walter Rau (notified Aug. 16/deadline Sept. 20/simplified)
SEPT 21
-- Computer Sciences Corporation (Frankfurt: 855862 - news) to merge with Hewlett Packard Enterprise's information technology services segment (notified Aug.18/eadline Sept. 21/simplified)
SEPT 22
-- Verlinvest and China Resources Co. to acquire joint control over Resources Verlinvest Health Investment (notified Aug.18/deadline Sept. 22/simplified)
-- Czech investor EPH and private equity group PPF Investments to buy from Sweden's stale-owned utility Vattenfall lignite mines and power plants in Germany - Vattenfall Mining and Vattenfall Generation (notified Aug. 18/deadline Sept. 22)
SEPT 23
-- Private equity firms Hellman & Friedman Capital Partners and Permira to acquire joint control of U.S. software provider Genesys (notified Aug. 19/deadline Sept. 23/simplified)
-- Swiss bank PostFinance and infrastructure group SIX to acquire joint control of a new mobile payment system Twint (notified Aug.19/deadline Sept. 23/simplified)
-- Israel's Teva Pharmaceutical Industries to acquire Allergan (Frankfurt: A1W5NE - news) 's Anda distribution business (notified Aug. 19/deadline Sept. 23/simplified)
-- Buyout firm Hellman & Friedman, Permira Advisers and Technology Crossover Ventures to buy stake in Genesys, a U.S. provider of call centre software (notified Aug. 19/deadline Sept. 23/simplified)
-- Triton Group to acquire sole control over Stromboli, holding entity of Flakt Woods (notified Aug. 19/deadline Sept. 23)
-- FIH Mobile to buy from Microsoft Mobile Vietnam and other assets from Microsoft Mobile (notified Aug. 19/deadline Sept. 23)
-- Valeo (LSE: 0NR3.L - news) and Siemens (BSE: SIEMENS.BO - news) to set up 50/50 joint venture (notified Aug. 19/deadline Sept. 23/simplified)
SEPT 26
-- UK property developer Segro and Canada's Public Sector Pension Investment Board to jointly acquire BNP Paribas (LSE: 0HB5.L - news) ' logistics warehouse asset in Italy (notified Aug. 22/deadline Sept. 26/simplified)
SEPT 28
-- UK property developer Segro and Canada's Public Sector Pension Investment Board to jointly acquire two Dutch logistics operations (notified Aug. 24/deadline Sept. 28/simplified)
-- Deutsche Boerse (LSE: 0H3T.L - news) and the London Stock Exchange (Other OTC: LDNXF - news) plan to merge (notified Aug. 24/deadline Sept. 28)
-- Britain's Centrica (Frankfurt: A0DK6K - news) to acquire Danish energy management company Neas Engergy (notified Aug. 24/deadline Sept. 28)
SEPT 29
-- U.S. private investment firm Lindsay Goldberg to acquire Austria-based Schur Flexibles Group, a manufacturer of flexible packaging products (notified Aug. 25/deadline Sept. 29/simplified)
OCT 4
-- Private equity firm PAI Partners to acquire Dutch holiday park operator RP Group (notified Aug. 30/deadline Oct. 4/simplified)
Oct 5
-- Japanese carmaker Nissan Motor Co Ltd to acquire Japanese peer Mitsubishi Motors Corp (notified Aug. 31/deadline Oct. 5)
OCT 6
-- U.S. electric component distributor Avnet (NYSE: AVT - news) to acquire British Raspberry Pi mini-computer maker Premier Farnell (LSE: PFL.L - news) (notified Sept. 1/deadline Oct. 6)
OCT 7
-- Meat processing company ABP Food Group to acquire a 50 percent stake in Irish beef producer Slaney Food (notified Sept. 2/deadline Oct. 7)
-- Swedish telecoms operator Tele2 (LSE: 0QE6.L - news) to acquire Danish peer TDC (LSE: 0MOP.L - news) 's Swedish subsidiary TDC Sverige AB (notified Sept. 2/deadline Oct. 7)
OCT 24
-- U.S. rail equipment maker Wabtec Corp to acquire French peer Faiveley Transport SA (notified April 4/deadline Oct. 24/commitments offered July 25)
JAN 11
-- U.S. chemicals company Dow Chemical (Hanover: DCH1.HA - news) to merge with DuPont (notified June 22/deadline extended to Jan. 11 from Dec. 20 after the companies asked for more time)
SUSPENDED
-- SOCAR, Azerbaijan's state energy company, to buy stakes in Greek natural gas grid operator DESFA from Greek natural gas utility DEPA (notified Oct. 1/deadline suspended on Jan. 21)
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. (Compiled by Foo Yun Chee)