On 3 July 2006, Svitzer Wijsmuller A/S made an Offer to acquire all the shares of Adsteam Marine Limited . This proposed merger between two tugboat operators was conditional on the clearance of the UK merger control authorities. Facts and timing of the merger transaction The acquiring company is Svitzer Wijsmuller A/S (“Svitzer”), the UK subsidiary of the Danish marine services company A.P. Moller-Maersk Group. It currently operates 41 tugs and provides services in seven port areas and at six terminals in the UK. The company to be acquired is Adsteam Marine Limited (“Adsteam”), an Australian-based international towage operator. Adsteam provides harbour and terminal towage services in six of the UK's major deep-water port areas and their adjacent waterways. The first phase investigation
The UK Competition Commission clears in phase II a merger between two marine services companies conditional to structural remedies (SvitzerWijsmuller - Adsteam Marine Limited)
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