Author (Corporate) | European Commission: Press and Communication Service |
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Series Title | Press Release |
Series Details | IP/05/1472 (24.11.05) |
Publication Date | 24/11/2005 |
Content Type | News |
The European Commission on 24 November 2005 cleared under the EU Merger Regulation the proposed acquisition of the British logistics and freight forwarding company Exel by Deutsche Post, which owns DHL and Danzas. The Commission considered that although Deutsche Post would increase its presence on the markets where Exel was active, other companies would be able to compete effectively with Deutsche Post. The Commission therefore concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any part of it. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/05/1472&format=HTML&aged=0&language=EN&guiLanguage=en |
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Subject Categories | Internal Markets |
Countries / Regions | Germany, United Kingdom |
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