The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 54.18
Bid: 54.16
Ask: 54.18
Change: 0.24 (0.44%)
Spread: 0.02 (0.037%)
Open: 54.28
High: 54.48
Low: 54.10
Prev. Close: 53.94
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 (Sept 18)

Wed, 18th Sep 2013 13:49

BRUSSELS, Sept 18 (Reuters) - The following are mergersunder review by the European Commission and a brief guide to theEU merger process:

APPROVALS AND WITHDRAWALS

None

NEW LISTINGS

-- Private equity firm Cinven to buy German life insurerHeidelberger Leben from British lender Lloyds Banking Group (notified Sept. 17/deadline Oct. 22/simplified)

-- Dutch pension group PGGM to acquire control of gasdistributor Northern Offshore Upstream Gas Pipeline System,which is jointly controlled by French gas and power group GDFSuez and EBN B.V. (notified Sept.17/deadline Oct. 22/simplified)

-- BP Europa, which is a unit of British energy group BP plc, to buy a joint stake in Polish fuel supplier Lotos Tankfrom Polish oil company Grupa Lotos (notified Sept.16/deadline Oct. 21/simplified)

EXTENSIONS AND OTHER CHANGES

None

FIRST-STAGE REVIEWS BY DEADLINE

SEPT 20

-- British mobile telecoms provider Vodafone to buyGerman cable company Kabel Deutschland (notified Aug.16/deadline Sept. 20)

SEPT 23

-- Nordic insurer IF P&C Holding Ltd to acquire sole controlof Danish insurer Topdanmark (notified Aug. 19/deadlineSept. 23)

-- German tank storage provider Oiltanking, which is ownedby German privately owned company Marquard & Bahls AG, andinvestment funds group Macquarie to set up a joint venture(notified Aug. 19/deadline Sept. 23/simplified)

SEPT 26

-- Argentine meat producer JBS SA to buyBrazilian poultry and pork producer Seara Brasil and leatherproducts maker Columbus Netherlands B.V. (Zenda) from MarfrigAlimentos SA (notified Aug. 22/deadline Sept.26/simplified)

SEPT 30

-- Norwegian fish farmer Marine Harvest to increaseits stake in Norwegian salmon farmer Morpol ASA (notified Aug.9/deadline extended to Sept. 30 from Sept. 16 after MarineHarvest offered concessions)

-- Japanese trading house Marubeni to acquire jointcontrol of Portuguese energy producer National PowerInternational Holdings B.V. (NPIH) from French energy group GDFSuez (notified Aug. 26/deadline Sept. 30/simplified)

-- Chinese telecoms equipment maker ZTE Services DeutschlandGmbH to buy German Alcatel-Lucent Network Services from Germantelecom equipment maker Alcatel-Lucent Holding GmbH (notifiedAug. 26/deadline Sept. 30/simplified)

OCT 2

-- Investment bank Goldman Sachs and private equity firm TPGLundyCo and British real estate investor Max Property Group Plcto acquire joint control of hospital leasor MPG HospitalHoldings Ltd (notified Aug. 28/deadline Oct. 2/simplified)

OCT 4

-- Soft drinks manufacturer Refresco Group to acquire rivalPride Foods (notified Aug. 16/deadline extended to Oct. 4 fromSept. 20 after Referesco Group offered concessions)

OCT 7

-- Private equity firms Bain Capital and Altor Fund III toacquire joint control of German fish feed producer Ewos, whichis owned by Norwegian fish farmer Cermag ASA (notifiedSept. 2/deadline Oct. 7)

OCT 8

-- Swiss cement maker Holcim to exchange someassets and combine others with Mexican peer Cemex (notified Sept. 3/deadline Oct. 8)

-- U.S. technology products distributor Arrow ElectronicsInc to buy Computerlinks AG (notified Sept. 3/deadlineOct. 8/simplified)

OCT 9

-- Amvest Vastgoed B.V. to buy healthcare services providerDLH B.V. which is jointly controlled by DLH's management and aunit of Dutch private equity firm NPM Capital N.V. (notifiedSept. 4/deadline Oct. 9/simplified)

-- Dutch steel product maker and machinery equipmentdistributor Koninklijke Reesink to buy Pon Holdings B.V.'sEuropean material handling businesses (notified Sept. 4/deadlineOct. 9)

OCT 10

-- Spanish airports operator Aena and the private equity armof French insurance group Axa to buy a stake inLondon's Luton airport from Spanish infrastructure companyAbertis (notified Sept. 5/deadline Oct. 10)

OCT 11

-- French bank BNP Paribas Fortis and Belgian telecomsoperator Belgacom to set up a joint venture for aBelgian mobile wallet (notified Sept. 6/deadline Oct. 11)

OCT 16

-- Greek carrier Aegean Airlines to buy OlympicAir (notified Feb. 28/deadline extended for the secondtime to Oct. 16 from Sept. 25 after Aegean offered additionalcommitments)

OCT 21

-- Switzerland-based INEOS and Belgian chemicals companySolvay to form a joint venture (notified Sept.16/deadline Oct. 21)

-- Private equity firm CVC to acquire full control ofdomestic appliances repairer Domestic & General Group Holdings(notified Sept. 16/deadline Oct. 21/simplified)

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
9 May 2024 15:49

UK shareholder meetings calendar - next 7 days

Friday 10 May 
Cairn Homes PLCAGM
Derwent London PLCAGM
Diversified Energy Co PLCAGM
Hutchmed China LtdAGM
Irish Residential Properties REIT PLCAGM
Kenmare Resources PLCAGM
Rightmove PLCAGM
Serinus Energy PLCAGM
Standard Chartered PLCAGM
Wheaton Precious Metals CorpAGM
Monday 13 May 
88 Energy LtdAGM
888 Holdings PLCAGM
hVIVO PLCAGM
Kore Potash PLCAGM
Tuesday 14 May 
Aptitude Software Group PLCAGM
Chesnara PLCAGM
Cirata PLCAGM
Computacenter PLCAGM
EKF Diagnostics Holdings PLCAGM
FDM Group PLCAGM
Henderson High Income Trust PLCAGM
Kakuzi LtdAGM
Luceco PLCAGM
Midwich Group PLCAGM
Phoenix Group Holdings PLCAGM
TI Fluid Systems PLCAGM
Wednesday 15 May 
Accrol Group Holdings PLCGM re takeover by Navigator Paper
Aura Renewable Acquisitions PLCAGM
Barratt Developments PLCGM re takeover of Redrow PLC
Bridgepoint Group PLCAGM
Burford Capital LtdAGM
Conduit Holdings LtdAGM
Funding Circle Holdings PLCAGM
Gama Aviation PLCGM re tender offer
GCP Asset Backed Income Fund LtdAGM
Greggs PLCAGM
IQGeo Group PLCAGM
Literacy Capital PLCAGM
Marshalls PLCAGM
Mpac Group PLCAGM
Redrow PLCGM re takeover by Barratt Developments PLC
Renewables Infrastructure Group LtdAGM
Savills PLCAGM
Seneca Growth Capital VCT PLCAGM
Spirax-Sarco Engineering PLCAGM
St James's Place PLCAGM
TP ICAP Group PLCAGM
Vesuvius PLCAGM
Thursday 16 May 
Ceres Power Holdings PLCAGM
ConvaTec Group PLCAGM
Costain Group PLCAGM
Eurocell PLCAGM
Global Opportunities Trust PLCAGM
Gresham Technologies PLCGM re takeover by STG Partners funds
H&T Group PLCAGM
Ibstock PLCAGM
Just Eat Takeaway.com NVAGM
Lloyds Banking Group PLCAGM
M&C Saatchi PLCAGM
Michelmersh Brick Holdings PLCAGM
Next PLCAGM
Predator Oil & Gas Holdings PLCAGM
PYX Resources LtdAGM
Restore PLCAGM
RTW Biotech Opportunities LtdAGM
Secure Trust Bank PLCAGM
Seplat Energy PLCAGM
Triple Point Social Housing REIT PLCAGM
Tyman PLCAGM
Unite Group PLCAGM
Vector Capital PLCAGM
Vistry PLCAGM
WAG Payment Solutions PLCAGM
  
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 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

Read more
8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consumers that were potentially overcharged for motor finance.

Read more
8 May 2024 11:33

Sabadell's UK arm TSB plans fresh job cuts, branch closures

LONDON, May 8 (Reuters) - TSB, the UK banking arm of Spain's Sabadell, is seeking 250 job cuts and 36 branch closures, a spokesperson for the bank and employee union Unite said on Wednesday, as the lender accelerates a restructuring push to save costs.

Read more
3 May 2024 16:28

Intesa targets new digital-only clients after antritrust blow

Antitrust ruling derailed client migration timetable

*

Read more
2 May 2024 12:30

Direct Line revamps management with three new appointments

(Alliance News) - Direct Line Insurance Group PLC on Thursday announced several new appointments, which the company's chief executive officer hailed as "central to delivering our strategy to transform the group".

Read more
29 Apr 2024 07:00

Britain's NatWest share sale to test UK equity market upswing

Government keen to revive share-owning culture via offer

*

Read more
27 Apr 2024 12:00

Britain's NatWest share sale to test UK equity market upswing

Government keen to revive share-owning culture via offer

*

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 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

*

Read more
24 Apr 2024 15:09

London close: Stocks finish weaker after earlier gains

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Read more
24 Apr 2024 11:55

LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves

(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.

Read more
24 Apr 2024 09:11

TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.

Read more
24 Apr 2024 09:04

LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls

(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.

Read more
24 Apr 2024 07:42

LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance

(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer

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.