Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 203.45
Bid: 191.00
Ask: 206.00
Change: 0.00 (0.00%)
Spread: 15.00 (7.853%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 203.45
BARC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EU mergers and takeovers (Jan 22)

Tue, 22nd Jan 2013 12:16

BRUSSELS, Jan 22 (Reuters) - The following are mergers underreview by the European Commission and a brief guide to the EUmerger process:

APPROVALS AND WITHDRAWALS

-- Private investment firm Vitronet Investments, which isjointly controlled by German utility RWE andLuxembourg-based Aesop S.a.r.l, to acquire German informationservices provider Infinity (approved Jan. 22)

-- Investment bank Goldman Sachs, TPG LundyCo L.P.and British bank Barclays to jointly acquire Britishhotel operator Kew Green (approved Jan. 22)

NEW LISTINGS

-- Belgian state-owned investment company SFPI to acquire acontrolling stake in Franco-Belgian bank Dexia (notified Jan. 18/deadline Feb. 22)

-- The Turkish subsidiary of German power utility E.ON to buy a 50 percent stake in Turkish power companyEnerijsa, which will give it joint control with Turkey's HaciOmer Sabanci Holdings group (notified Jan. 18/deadline Feb.22/simplified)

EXTENSIONS AND OTHER CHANGES

-- U.S. communications company Syniverse Technologies to buy Luxembourg-based communications servicescompany Mach (notified Nov. 16/deadline extended for the secondtime to May 30 from May 15 after the companies asked for moretime)

FIRST-STAGE REVIEWS BY DEADLINE

JAN 30

-- Japanese car parts company Yazaki Europe to acquire solecontrol of car electrical distribution systems maker S-Y SystemsTechnologies Europe, which jointly controlled by Yazaki andContinental Automotive GmbH (notified Dec. 14/deadlineJan. 30/simplified)

FEB 5

-- U.S. mail delivery company United Parcel Service Inc to acquire Dutch peer TNT Express (notifiedJune 15/deadline extended for the fifth time to Feb. 5 from Jan.15 after UPS offered commitments)

-- German private equity group Droege International to takecontrol of German technology company ALSO-Actebis (notified Dec. 21/deadline Feb. 5)

FEB 6

-- Private equity firm Advent International to acquire U.S.specialty chemicals maker Cytec's coating resin business(notified Dec. 21/deadline Feb. 6)

-- Japanese auto parts maker U-Shin to buy Frenchcar parts equipment maker Valeo's car lock unit(notified Dec. 21/deadline Feb. 6)

-- German service company BayWa AG to acquire a 60percent stake in German agricultural wholesaler and retailerBohnhorst Agrarhandel (notified Dec. 21/deadline Feb. 6)

FEB 7

-- Japanese conglomerate Mitsui & Co Ltd andRussian steel producer Severstal to acquire jointcontrol of Russian steel product makerSeverstal-SSC-Vsevolozhsk, which is now soley controlled bySeverstal (notified Jan. 3/deadline Feb. 7/simplified)

-- U.S. clothing firm PVH to acquire clothingcompany Warnaco (notified Jan. 3/deadline Feb. 7)

-- Japanese conglomerate Mitsui to acquire part ofAmerican car dealer Penske Automotive Group's Italiansubsidiary PAG Italy S.r.l. (notified Jan. 3/deadline Feb.7/simplified)

-- French public financial group CDC to set up ajoint venture with French computer firm Bull focused oncloud computing (notified Jan. 3/deadline Feb. 7/simplified)

-- Japan's Mitsubishi Corporation and MitsubishiElectric Corporation to acquire joint control of MELCOElevator Vietnam Co. Ltd. (notified Jan. 3/deadline Feb.7/simplified)

FEB 11

-- French financial group PAI Partners to take control ofFrench industrial supplier Industrial Parts Holding(IPH)(notified Jan. 7/deadline Feb. 11)

FEB 18

-- Japanese camera maker Canon to acquire Belgiandocument recognition company Iris (notified Jan.14/deadline Feb. 18)

FEB 20

-- Private equity firm Clayton Dubilier & Rice to acquireBritish consumer goods retailer B&M (notified Jan. 16/deadlineFeb. 20/simplified)

FEB 22

-- Japanese engineering company IHI Corp to buy theremaining 49 percent of German car turbo charger maker IHICharging Systems International it does not own from German carmaker Daimler AG (notified Jan. 18/deadline Feb.22/simplified)

-- Private equity firm CVC Capital Partners to buydata information provider Cerved Holding (notified Jan.18/deadline Feb. 22/simplified)

FEB 27

-- Ryanair to acquire Aer Lingus (notifiedJuly 24/deadline extended for the third time to Feb. 27 fromFeb. 6 after Ryanair offered more commitments)

GUIDE TO EU MERGER PROCESS

DEADLINES:

The European Commission has 25 working days after a deal is filed for a first-stage review. It may extend that by 10 workingdays to 35 working days, to consider either a company's proposedremedies or an EU member state's request to handle the case.

Most mergers win approval but occasionally the Commission opens a detailed second-stage investigation for up to 90 additional working days, which it may extend to 105 working days.

SIMPLIFIED:

Under the simplified procedure, the Commission announces theclearance of uncontroversial first-stage mergers without givingany reason for its decision. Cases may be reclassified asnon-simplified -- that is, ordinary first-stage reviews -- untilthey are approved.

More News
20 Feb 2024 11:20

London midday: Stocks mixed after China makes bigger rate cut

(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.

Read more
20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

Read more
20 Feb 2024 08:19

TOP NEWS: Barclays eyes GBP2 billion cost cuts and promises returns

(Alliance News) - Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years.

Read more
20 Feb 2024 07:47

LONDON BRIEFING: Barclays announces GBP1b buyback as 2023 profit falls

(Alliance News) - Stocks in London are called lower on Tuesday, following a US holiday, and a mixed performance in Asian markets.

Read more
20 Feb 2024 07:01

Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

Read more
19 Feb 2024 16:10

Tuesday preview: China rate decision, Barclays in focus

(Sharecast News) - Investors' focus on Tuesday will be on the People's Bank of China's interest rate decision overnight.

Read more
18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

Read more
16 Feb 2024 12:07

LONDON MARKET MIDDAY: Stocks up as UK retail sales soften GDP jitters

(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.

Read more
16 Feb 2024 08:41

LONDON MARKET OPEN: Stocks climb amid UK retail sales surprise

(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.

Read more
15 Feb 2024 11:59

REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

Read more
15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

Read more
15 Feb 2024 07:24

Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

Read more
13 Feb 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
9 Feb 2024 17:02

LONDON MARKET CLOSE: FTSE 100 falls at end of tepid week

(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.

Read more
9 Feb 2024 15:15

London close: Stocks turn sour in afternoon trading

(Sharecast News) - London's markets turned lower on Friday afternoon, concluding a volatile week on a negative note.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.