The EU Commission conditionally clears a merger in the steel industry (Evraz / Highveld)

Merger control: Main developments between 1 January and 30 April 2007* On 20 February the Commission cleared, subject to conditions, the proposed acquisition of the South African steel and vanadium producer Highveld by the steel company Evraz, incorporated in Luxembourg and primarily active in Russia. Vanadium is a metal primarily used in the production of alloys (e.g. steel alloys used in axles, crankshafts, gears, and other critical components; mixed with aluminium in titanium alloys used in jet engines and high-speed airframes) plus rust resistant and

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission conditionally clears a merger in the steel industry (Evraz / Highveld), 20 February 2007, e-Competitions February 2007, Art. N° 37774

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