06
Apr
09:16
European Commission approves Marcegaglia’s Severstal Distribution acquisition
The European Commission has approved Marcegaglia’s 100% acquisition of Latvia-based SIA Severstal Distribution from Russian parent Severstal.
The Commission concluded that the proposed acquisition would raise no competition concerns, given the limited overlaps and vertical links between the companies' activities in the relevant markets in the European Economic Area. The transaction was examined under the simplified merger review procedure.
The decision …
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Anonymous
Very good overview of the weekly steel market.
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