BRUSSELS,Dec11-ThefollowingaremergersunderreviewbytheEuropeanCommissionandabriefguidetotheEUmergerprocess:
APPROVALSANDWITHDRAWALS
--SantanderConsumerFinance,partofSpanishbankSantander,andFrenchcarmakerPeugeotS.A.tosetupaseriesofjointfinancecompanies
--U.S.investmentmanagementfirmVardePartnerstoacquire51percentofSpanishbankPopular'screditcardbusiness
NEWLISTINGS
None
EXTENSIONSANDOTHERCHANGES
None
FIRST-STAGEREVIEWSBYDEADLINE
DEC12
--Privately-heldCzechairlineTravelServicetotakea34percentstakeinnationalcarrierCzechAirlines
DEC15
--OilmajorBPtoacquirejetfuelbusinessStatoilFuelandRetailAviation
--MondelezInternationalIncandcompetitorD.EMasterBlenderstomergetheircoffeebusinessesinnewcompanycalledJacobsDouweEgberts
--France'sLafargeandSwisspeerHolcimtomerge
DEC17
--Privateequityfirm3itoacquireDiamondHoldingGmbHfromGermanjewelleryretailerGroupChristJuweliereundUnrmacherSeit
DEC19
--Czechstate-ownedholdingcompanyCeskyAeroholdingandprivately-ownedlow-costCzechcarrierTravelServicetojointlyacquireCzechAirlines
--PrivateequityfirmEQTtoacquireGermanengineeringgroupsSiemens'shearing-aidsbusiness
--CCMPCapitaltoacquire47percentstakeinPQCorpfromCarlyleGroup
--YanfengAutomotiveTrimSystems,asubsidiaryofChina'sbiggestautomakerSAICMotorCorp.,toacquireJohnsonControl'sautointeriorsbusiness
DEC23
--U.S.healthcareinformationcompanyIMSHealthtoacquirecertainbusinessesfromFrenchhealthcaresoftwareproviderCegedim
--U.S.companyIBMtotakeoverGermanairlineLufthansa'sinformationtechnologyinfrastructureservicespisionandstafffor1billioneuros
JAN5
--NorwegiantelecomsfirmTelenortoformajointventurewithmediacompanySchibsted,SouthAfrica'sNaspersandSingaporePressHoldings
JAN6
--FrenchholdingcompanyEurazeoandGroupeCreditAgricoletojointlyacquiretwobuildingcomplexesSCILafayetteandSCIStratege
--HongKongconglomerateCheungKongtoformjointventurewithMitsubishiCorp'sleasingarmMCAviationPartners
JAN7
--BrazilianjuicemakerGrupoCutraleandinvestmentfirmSafraGrouptojointlyacquireU.S.bananaproducerChiquita
JAN8
--DutchinvestmentfirmSHVtoacquireDutchanimalfeedandnutritioncompanyNutreco
--NorwegianmediagroupSchibstedandNorwegiantelecomsoperatorTelenortosetupajointventure
--InvestmentfirmApolloManagementtoacquireItalianinsurerCarige
JAN12
--ChinaStateShipbuildingCorpandFinnishindustrialenginemakerWartsilatosetupajointventure
JAN13
--WoodproductsretailerOjiHoldingsandpetroleumproductsretailerItochuEnexCo.LtdtosetuptwojointventuresinJapan
JAN14
--SwissdrugmakerNovartistoacquireBritishpeerGlaxoSmithKline'soncologyproducts
--BritishdrugmakerGlaxoSmithKlinetoacquireNovartis'vaccinesbusiness,excludingFlu,andthesetttingupofaconsumerhealthcarejointventure
--GenericdrugmakerMylanInctopurchaseAbbotLaboratories'specialtyandbrandedgenericsbusinessoutsidetheUnitedStates
--PRSforMusicLtd,ForeningenSvenskaTonsattaresInternationellaMysikbyraandGesellschaftfürmusikalischeAufführungs-undmechanischeVervielfltigungsrechtetosetupajointventuretoadministermechanicalandperformingrights
--CzechenergygroupEnergetickyaPrumyslovyHoldingtoacquiretheEggboroughBritishcoal-firedpowerplantfromEggboroughPowerLtd
--PrivateequityfirmCVCCapitalPartnerstoacquireDutchcableandwiresproducerBetafenceHoldingNV
JAN20
--MitsubishiHeavyIndustriesandMitsubishiCorptotransformtheirjointventureMHICompressorInternationalCorptoafullfunctionjointventure
FEB5
--BelgiantelecomsgroupTelenettoacquire50percentstakeinBelgianbroadcastingcompanyDeVijverMedia
MARCH5
--BelgiantelecomsgroupTelenet,whichisasubsidiaryofU.S.cablegroupLibertyGlobal,toacquire50percentstakeinBelgianbroadcastingcompanyDeVijverMedia
APRIL22
--SOCAR,Azerbaijan'sstateenergycompany,tobuystakesinGreeknaturalgasgridoperatorDESFAfromGreeknaturalgasutilityDEPA
APRIL24
--FrenchtelecomsoperatorOrangetoacquireSpanishproviderJazztel
SUSPENDED
--U.S.orthopaedicproductsmakerZimmerHoldingstoacquirerivalBiometInc
GUIDETOEUMERGERPROCESS
DEADLINES:
TheEuropeanCommissionhas25workingdaysafteradealisfiledforafirst-stagereview.Itmayextendthatby10workingdaysto35workingdays,toconsidereitheracompany'sproposedremediesoranEUmemberstate'srequesttohandlethecase.
MostmergerswinapprovalbutoccasionallytheCommissionopensadetailedsecond-stageinvestigationforupto90additionalworkingdays,whichitmayextendto105workingdays.
SIMPLIFIED:
Underthesimplifiedprocedure,theCommissionannouncestheclearanceofuncontroversialfirst-stagemergerswithoutgivinganyreasonforitsdecision.Casesmaybereclassifiedasnon-simplified--thatis,ordinaryfirst-stagereviews--untiltheyareapproved.