Press Release: Mergers: Commission accepts to assess acquisition of Holcim’s Spanish cement operations by rival Cemex at Spain’s request

Author (Corporate)
Series Title
Series Details IP/13/977 (18.10.13)
Publication Date 18/10/2013
Content Type

The European Commission on 18 October 2013 accepted a request from Spain to assess under the EU Merger Regulation the proposed acquisition of Holcim's cement operations in Spain by rival Cemex.

The Commission concluded that the transaction threatens to affect competition within Spain and that the Commission is the best placed authority to assess the potential cross-border effects of the transaction. The Commission will now ask Cemex to notify the project.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-13-977_en.htm
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