Merger approval decisions published in the Official Journal today
In the Official Journal today three approval decisions by the Commission of mergers and acquisitions have been published.
1. US company Energizer’s (supplier of consumer batteries) acquisition of US company Spectrum Brands (a battery and portable lighting business and supplier)
Under Article 6(1)(b) and Article 6(2) of the Merger Regulation 139/2004, the Commission decided that there were no competition concerns, but approval is conditional on the divestment of Spectrum Brand’s regional Varta business, to eliminate concerns of market domination, potentially high consumer prices with less consumer choice.
2. APMC Group’s acquisition of West African companies GSEZ Cargo Ports, GSEZ Mineral Port, TIPSP and Arise (sea and freight, cargo and port companies)
Under Article 6(1)(b) of the Merger Regulation 139/2004 the Commission found that no competition concerns would arise from this acquisition.
3. Italian Assicurazioni Generali’s (insurance and financial sector) acquisition of Portuguese Seguradoras Unidas (insurance sector) and Portuguese AdvanceCare (health insurance management services, risk assessment and claims management).
The Commission approved this acquisition as not raising competition concerns, under Article 6(1)(b) of the Merger Regulation 139/2004.