Press Release: Commission clears the acquisition of Babcock’s power transmission equipment unit by CVC

Author (Corporate)
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Series Details IP/00/642 (21.6.00)
Publication Date 21/06/2000
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On 21.6.00 the European Commission approved the acquisition of A. Friedr. Flender Aktiengesellschaft, a German company which supplies power transmission equipment, by Citicorp Venture Capital Ltd (CVC). The sale does not give rise to any competition concerns as the parties' activities do not overlap.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/00/642&format=HTML&rapid=0&language=EN&guiLanguage=en
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