EU mergers and takeovers (Oct 27)

martes 27 de octubre de 2009 17:00 CET

BRUSSELS Oct 27 (Reuters) - The following are planned mergers under review by the European Commission and a brief guide to the EU merger process:


-- Belgian telecoms operator Belgacom BCOM.BR acquires Belgacom International Carrier Services SA (BICS), a global provider of voice, data and value-added telecoms services. These include services currently carried out by BICS as a joint venture between Belgacom and Swisscom Belgium SA SCMN.VX and international wholesale telecommunications activities MTN-ICS, which will be acquired from MTN Dubai Ltd (MTNJ.J: Cotización) as a result of the transaction (approved Oct. 27)

-- U.S. soft drink maker Pepsico Inc (PEP.N: Cotización) acquires control of bottling company PepsiCo Bottling Group PBG.N, which operates bottling units mostly in the United States, Mexico, Canada, Spain, Greece and Turkey (approved Oct. 27)

-- U.S. soft drink maker Pepsico Inc (PEP.N: Cotización) acquires control of Pepsi Americas PAS.N, which mostly bottles Pepsico beverages with operations in the United States, Central and Eastern Europe and Central America (approved Oct. 27)

-- British defence contractor BAE Systems (BAES.L: Cotización) takes control of counterpart BVT Surface Fleet Ltd, currently controlled jointly by BAE Systems and VT Group Plc (approved Oct. 27)

-- Abu Dhabi state-owned International Petroleum Investment Co (IPIC) and Austrian oil and gas group OMV Aktiengesellschaft (OMVV.VI: Cotización) to acquire joint control of Canadian chemical and energy products maker Nova Chemicals Corp (approved Oct. 27)