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 picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 51.88
Bid: 51.90
Ask: 51.92
Change: -0.42 (-0.80%)
Spread: 0.02 (0.039%)
Open: 52.68
High: 52.82
Low: 51.72
Prev. Close: 52.30
LLOY 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 (March 14)

Thu, 14th Mar 2013 14:48

BRUSSELS, March 14 (Reuters) - The following are mergersunder review by the European Commission and a brief guide to theEU merger process:

APPROVALS AND WITHDRAWALS

-- Investment bank Goldman Sachs and private equityfirm TPG Lundy to buy British wind turbine parts maker Ainscough(approved March 14)

-- Investment bank Goldman Sachs and private equityfirm TPG Lundy to buy real estate developer Brookgate (approvedMarch 14)

NEW LISTINGS

-- Japanese trading house Mitsui Group to acquirestake in Spanish autoparts maker Gestamp Automocion jointcontrol of Gestamp Automocio's U.S. businesses (notified March13/deadline April 22/simplified)

-- Investment bank Goldman Sachs and private equityfirm TPG Lundy to buy British real estate developer TullochHomes Group from British lender Lloyds Bank (notifiedFeb. 13/deadline April 22)

-- German engineering company Siemens to buyBritish technology company Invensys' rail business(notified March 12/deadline April 19)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

MARCH 22

-- German oil and chemicals storage services providerOiltanking GmbH and oil product trader Gunvor Group Ltd to setup a joint venture (notified Feb. 15/deadline March22/simplified)

-- U.S. conglomerate Honeywell to acquire U.S.mobile computing device maker Intermec (notified Feb.15/deadline March 22)

MARCH 25

-- Investment bank Goldman Sachs and private equityfirm TPG Lundy to acquire joint control of British electronicsparts maker Exception Group Ltd, which is controlled by Britishbank Lloyds (notified Feb. 18/deadline March 25)

MARCH 26

-- Germany network grid operator TenneT Offshore andJapanese company Mitsubishi Corp to acquire jointcontrol of German wind farm operator TenneT Offshore 8 (notifiedFeb. 19/deadline March 26/simplified)

-- Italian private equity fund Investindustrial to buy a37.5 percent stake in British carmaker Aston Martin (notifiedFeb. 19/deadline March 26/simplified)

-- Swedish refiner Nynas to purchase certain assets fromRoyal Dutch Shell's Harburg refinery (notified Feb.19/deadline March 26)

-- Dutch dairy company FrieslandCampina to buy Dutch cheesewholesalers Zijerveld & Veldhuyzen B.V. and Den Hollander B.V.(notified Feb. 19/deadline March 26)

-- Austrian insurer Uniqa and Dekra to acquirejoint control of Hungarian motor insurer Dekra-Expert (notifiedFeb. 19/deadline March 26/simplified)

MARCH 27

-- Japanese trading group Mitsubishi Corp andJapanese carmaker Isuzu Motors to acquire joint controlof Isuzu Motors India Private Ltd (notified Feb. 20/deadlineMarch 27/simplified)

APRIL 4

-- Private equity funds Ratos and Ferd to acquirejoint control of Norwegian oil platform construction companyAibel Group (notified Feb. 25/deadline April 4/simplified)

-- German carmaker Volkswagen to acquire jointcontrol of car leasing company Ron Equipment Rental & Lease,which is a unit of car distributor Pon Holdings BV (notifiedFeb. 25/deadline April 4)

-- Spanish infrastructure group Ferrovial to buyBritish utility services company Enterprise Plc (notified Feb.25/deadline April 4/simplified)

APRIL 5

-- German media company Bertelsmann and Britain'sPearson to merge their publishers Random House andPenguin (notified Feb 26/deadline April 5)

APRIL 8

-- Investment fund Oaktree to buy construction companyCountryside (notified Feb. 27/deadline April 8)

APRIL 9

-- Greek carrier Aegean Airlines to buy OlympicAir (notified Feb. 28/deadline April 9)

APRIL 10

-- U.S. carmaker General Motors to acquire solecontrol of diesel engine maker Ispol, which is now jointlycontrolled by GM and Isuzu Motors (notified March1/deadline April 10/simplified)

APRIL 12

-- French energy network manager ERDF, which is a unit ofFrench power company EDF, French state-owned bankCaisse des Depots et Consignations (CDS), and electricitycompany UEM to set up a software joint venture (March 5/April12/simplified)

APRIL 14

-- Polish lender Alior Bank and Austria's ErsteGroup Bank to acquire joint control of Polish personalcare products retailer Polbita (notified March 8/deadline April14/simplified)

APRIL 15

-- U.S. cable group Liberty Global to acquireBritish peer Virgin Media (notified March 6/deadlineApril 15)

APRIL 16

-- U.S. conglomerate General Electric and Germanreinsurer Munich Re to acquire joint control ofSpanish energy company Iberdrola's wind power operatorIberdrola Renovables France (notified March 7/deadline April16/simplified)

APRIL 17

-- U.S. oilfield equipment maker Cameron International Corp and U.S. oilfield services company Schlumberger to combine their subsea businesses (notified March 8/deadlineApril 17)

MAY 16

Finnish paper producer Ahlstrom to merge with aunit of Swedish company Munksjo, which is partly owned byprivate equity fund EQT (notified Oct. 31/deadline May 16)

MAY 30

-- 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)

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
29 Jan 2024 11:31

Lloyds to scrap mobile bank branches as moves towards online banking

(Alliance News) - Lloyds Banking Group PLC is shutting down its mobile banking service this year, after revealing plans to shed 1,600 jobs across its branch network as it moves ahead in the shift towards online banking.

Read more
25 Jan 2024 14:41

Lloyds Banking Group to cut 1,600 jobs across branch network

(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more
23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

Read more
23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

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

Read more
22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

Read more
4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

Read more
2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

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.