The European Commission clears an acquisition in the shipbuilding construction sector (STX / Aker Yards)

"Mergers: main developments between 1 May and 31 August 2008"* In May the Commission approved the proposed acquisition of control of the Norwegian shipbuilder Aker Yards by STX of South Korea. After an in-depth investigation, launched in December 2007 the Commission concluded that effective competition on the shipbuilding markets would not be significantly impeded as a result of the proposed transaction. Aker Yards is active in the construction of cruise ships and ferries, and also builds merchant vessels and offshore vessels. It is

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

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

Quotation

John Gatti, Mary Loughran, The European Commission clears an acquisition in the shipbuilding construction sector (STX / Aker Yards), 5 May 2008, e-Competitions May 2008, Art. N° 37705

Visites 436

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues