George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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: 206.05
Bid: 206.00
Ask: 206.10
Change: 1.70 (0.83%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 206.75
Low: 203.75
Prev. Close: 204.35
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 (June 10)

Fri, 10th Jun 2016 11:12

BRUSSELS, June 10 (Reuters) - The following are mergersunder review by the European Commission and a brief guide to theEU merger process:

APPROVALS AND WITHDRAWALS

None

NEW LISTINGS

-- Spanish online bank Bancopopular-e, which is 49 percentowned by Banco Popular Espanol, to acquire UK lenderBarclays' consumer payments business in Portugal andSpain (notified June 9/deadline July 14/simplified)

-- French conglomerate Bouygues, French airportdeveloper Aeroports de Paris and infrastructure project investorMeridiam to acquire joint control of Ravinala Airports whichwill develop and maintain airports in Madagascar (notified June8/deadline July 13/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

JUNE 14

-- France's Credit Mutuel to acquire GE Capital's factoringand equipment financing businesses in France and Germany(notified on May 4/deadline June 14)

JUNE 15

-- U.S. industrial products maker ITW to acquireGerman car parts maker ZF TRW Automotives Corp's fasteners and car components business EF&C(notified May 10/deadline June 15)

JUNE 16

-- Inter Ikea Systems Holding, which is the holding companyof brand owner Inter IKEA Group, to acquire companies carryingout IKEA range, supply and manufacturing activities from IngkaGroup which is a franchisee to Inter IKEA Group with stores in28 countries (notified May 11/deadline June 16/simplified)

JUNE 20

-- European packaging maker Ardagh to acquiresome facilities from beverage can makers Ball and Rexam (notified May 18/deadline June 20/simplified)

-- Hon Hai Precision, also known as Foxconn,intends to buy a majority of Japanese electronics company Sharp (notified on May 13/deadline June 20)

-- Dublin-based support services group DCC Holding to acquire retail fuel and aviation fuel provider Dansk Fuels(notified on May 13/deadline June 20)

JUNE 22

-- European packaging maker Ardagh to acquiresome assets from beverage can makers Ball and Rexam (notified May 18/deadline June 22/simplified)

-- Nippon Telegraph and Telephone Corp to acquireDell's IT services unit (notified May 18/deadline June22/simplified)

JUNE 23

-- Property developer Segro and Canada's PublicSector Pension Investment Board to jointly acquire Italianlogistics company Torino DCI (notified May 19/deadline June23/simplified)

-- Innovation Network Corp Japan, Japan's Sumitomo ChemicalCo and Sekisui Chemical Co to set up a jointventure (notified May 19/deadline June 23/simplified)

-- French industrial gas supplier Air Liquide andRussian heavy engineering group OMZ to set up a jointventure (notified May 19/deadline June 23/simplified)

JUNE 24

-- Dutch dredging company Boskalis to acquirecontrol of maritime services company VolkerWesselsOffshore fromReggeborgh (notified May 20/deadline June 24/simplified)

JUNE 25

-- Canadian Pension Plan Investment Board and GlobalInfrastructure Management to acquire joint control of thefreight haulage company Pacific Natonal of Australia's Asciano (notified on May 14/deadline June 25/simplified)

JUNE 27

-- Investment bank Goldman Sachs to acquire bakerygroup Continental Bakeries (notified May 23/deadline June27/simplified)

-- Hotel chain Marriott International to acquireStarwood Hotels & Resorts (notified May 23/deadline June27)

-- French company Plastic Omnium to acquire Frenchcar parts maker Faurecia's auto exteriors business(notified May 23/deadline June 27)

-- Dutch staffing agency Randstad to acquireItalian peer Obiettivo Lavoro (notified May 23/deadline June27/simplified)

JUNE 28

-- World Fuel Services Corp to acquire ExxonMobil's fueling business at 83 airports (notified May24/deadline June 28)

JUNE 29

-- Private equity firm Advent International to acquire NewZealand resins and coating company Nuplex Industries (notified May 25/deadline June 29)

JULY 1

-- M&G Alternatives Investment Management, a unit of UKinsurer Prudential plc, and U.S. private equity firmAnchorage Capital Group to jointly acquire UK services providerPHS Group Investments (notified May 27/deadline July1/simplified)

-- Private equity firms the Carlyle Group andCrestview Advisors to jointly acquire U.S. sports andentertainment event production company NEP Group (notified May 27/deadline July 1/simplified)

-- Buyout firms Bain Capital and Vista Equity Partners tojointly acquire U.S. insurance software supplier Vertafore (notified May 27/deadline July 1/simplified)

-- Private equity firm Cinven Capital Management and theCanada Pension Plan Investment Board to jointly acquireaccomodation and travel services company Hotelbeds Group fromGerman travel group TUI AG (notified May 27/deadlineJuly 1/simplified)

JULY 4

-- Private equity firms TPG Capital and Partners Group tojointly acquire shopping centers and retail parks in Italy andSpain from TH Real Estate (notified May 30/deadline July4/simplified)

-- German industrial company Freudenberg to acquire solecontrol of German maker of car vibration control technologyVibracoustic, which it now jointly controls with Swedishindustrial rubber company Trelleborg (notified May30/deadline July 4/simplified)

JULY 6

-- U.S. generic drugmaker Mylan to acquire Swedishpeer Meda (notified June 1/deadline July 6)

-- Private equity firm Silver Lake Group to acquire solecontrol of French IT services provider Cegid (notifiedJune 1/deadline July 6/simplified)

JULY 7

-- German agricultural commodities cooperative Agravis toacquire a minority stake in German palm products and animal feedtrading house H. Boegel from Singapore-listed commodities groupWilmar International (notified June 2/deadline July 7)

-- Spanish bank Banco Santander to acquire some ofPortuguese lende Banif's assets (notified June 2/deadline July7)

JULY 11

-- British insurer Aviva Group and Credit MutuelInsurance Group to acquire joint control of an office buildingin Paris, France (notified June 6/deadline July 11/simplified)

JULY 13

-- German company Boehringer Ingelheim to acquire Frenchpharmaceutical company Sanofi's animal health buisness(notified June 8/deadline July 13)

AUG 10

-- Airbus Safran Launchers, a 50/50 joint venture betweenAirbus and Safran, to acquire sole control ofsatellite group Arianespace (notified on Jan. 8/deadlineextended to Aug. 10 from July 27/concessions offered May 4)

SEPT 8

-- CK Hutchison Holdings Ltd and Vimpelcom to merge their Italian mobile operations (notified Feb.5/deadline extended to Sept. 8 from Aug 18)

SEPT 20

-- U.S. rail equipment maker Wabtec Corp to acquireFrench peer Faiveley Transport SA (notified April4/deadline extended to Sept. 20 from May 12 after the EuropeanCommission opened an in-depth investigation)

SUSPENDED

-- SOCAR, Azerbaijan's state energy company, to buy stakesin Greek natural gas grid operator DESFA from Greek natural gasutility DEPA (notified Oct. 1/deadline suspended on Jan. 21

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 Commissionopens a detailed second-stage investigation for up to 90additional 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. (Compiled by Foo Yun Chee)

More News
Today 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

Read more
26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

*

Read more
26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

Read more
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

Read more
25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

Read more
25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

*

Read more
25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

Read more
25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:01

Barclays Q1 profits fall 12%

(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.

Read more
24 Apr 2024 22:47

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

NEW YORK, April 24 (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

Read more
24 Apr 2024 19:38

Barclays takes EUR260 million loss from Italian mortgage book sale

(Alliance News) - Barclays PLC on Wednesday said it would book a EUR260 million pretax loss after agreeing the disposal of its Italian mortgage portfolio.

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.