The EU Commission conditionally approves the acquisition of a German company active in the construction of turnkey industrial plants by an investment company (IPIC / Man Ferrostah)

"Mergers: main developments between 1 January and 30 April 2009"* On 13 March 2009, under the EU Merger Regulation, the European Commission cleared the proposed acquisition of MAN Ferrostaal of Germany, a general contractor that constructs turnkey industrial plants, by International Petroleum Investment Company (IPIC) of the United Arab Emirates. The decision is conditional upon IPIC‘s commitment to divest MAN Ferrostaal‘s stake in the

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  • JG Associates (Brussels)

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John Gatti, The EU Commission conditionally approves the acquisition of a German company active in the construction of turnkey industrial plants by an investment company (IPIC / Man Ferrostah), 13 March 2009, e-Competitions March 2009, Art. N° 37616

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