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European Commission Spokesman's Briefing for 07-08-20

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>


CONTENTS / CONTENU

  • [01] Peru earthquake: Commission increases emergency aid to €2 million
  • [02] Commission clears acquisition of Takko by Advent
  • [03] Commission clears acquisition of Samsonite by CVC
  • [04] Commission clears acquisition of Nikko by Citigroup Midday Express of 2007-08-20 Reference: MEX/07/0820 Date: 20/08/2007 EXME07 / 20.8

    MIDDAY EXPRESS

    News from the Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Générale Communicationb

    20/08/07


  • [01] Peru earthquake: Commission increases emergency aid to €2 million

    In a fast-track 'primary emergency' decision, the European Commission has allocated €2 million to people affected by Wednesday's earthquake in Peru. Beneficiaries are around 50,000 of the most vulnerable populations. The Commission's funds will be used to cover their urgent needs, including food, emergency shelter, medical assistance, hygiene kits, water and sanitation, basic household tools as well as the establishment of emergency telecommunications facilities and psycho-social counselling. The assistance is channelled through the Commission's Humanitarian Aid department, ECHO, under the responsibility of Commissioner Louis Michel.

    (for more information: IP/07/1237 – Antonia Mochan - Tel. 296.99.21 - Fax 299.19.70)

    [02] Commission clears acquisition of Takko by Advent

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Takko Holding GmbH (Takko) of Germany by Advent International Corporation (Advent) of the US. Advent is a private equity investor. Takko is active in the distribution and sale of fashion clothing and related accessories in the low-price range. The operation was examined under the simplified merger review procedure.

    (Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13)

    [03] Commission clears acquisition of Samsonite by CVC

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of the whole of the undertaking Samsonite Corporation (‘Samsonite’, USA) by CVC Capital Partners Group Sarl (‘CVC’, Luxembourg). CVC is a private equity fund and Samsonite is active in the manufacture and sale of luggage and other travelling items. The operation was examined under the simplified merger review procedure.

    (Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13)

    [04] Commission clears acquisition of Nikko by Citigroup

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Nikko Cordial Corporation (‘Nikko’, Japan) by Citigroup Inc. (‘Citigroup’, USA). Citigroup deals with financial services including banking, lending, insurance and investment services, financial planning and brokerage, etc. Nikko is active in financial services including retail and wholesale securities brokerage, investment banking, asset management and fund administration, etc. The operation was examined under the simplified merger review procedure.

    (Chapeau – Amelia Torres - Tel. 295.46.29 - Fax 295.14.13) From EUROPA, the European Commission Server at http://europa.eu.int/


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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