ALERTS: MERGERS - FRANCE – CLEARANCE – SOLE CONTROL - SIMPLIFIED PROCEDURE

Sole control: The French Competition Authority authorizes the takeover of a French steel mill by a British group (Ascoval, British Steel)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In recent days, the Competition Authority has posted 20 new merger clearance decisions online, including 14 simplified decisions. These decisions include Decision No. 19-DCC-96 of 16 May 2019. which, after the Strasbourg Court of First Instance had approved the takeover of the Ascoval steelworks by the British Steel group, the Competition Authority cleared the operation under merger control. Initially, the Authority had granted an exemption allowing the purchaser to submit a firm and valid bid to the Court of First Instance without waiting for its final decision. Following a simplified procedure and thus a rapid examination of the transaction, the

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Sole control: The French Competition Authority authorizes the takeover of a French steel mill by a British group (Ascoval, British Steel), 16 May 2019, Concurrences N° 3-2019, Art. N° 90803, www.concurrences.com

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