News

Feddersen Laule Scherzberg & Ohle Hansen Ewerwahn/ Finkelnburg & Clemm

Premium 01 March 1999

Schön Nolte’s former partner firm, Finkelnburg & Clemm, pursued its own new direction in a merger with German firm Feddersen Laule Scherberge & Ohle Hansen Ewerwahn announced on January 1.

Schön Nolte/Gaedertz

Premium 01 March 1999

Schön Nolte and Gaedertz merged on January 1 to create the fourth largest law firm in Germany, following the termination of Schön Nolte’s association with Finkelnburg & Clemm. The merged firm, which will be known as Gaedertz, has 185 lawyers and offices in nine German cities as well as in Brussels and Prague. The management sees the move as another step in the internationalisation of Gaedertz, and is currently considering further cooperation with either a continental European or UK firm.

Swedish petroleum decision

Premium 01 March 1999

The Stockholm District Court has quashed a 1995 decision by the Competition Authority rejecting an application for negative clearance from Svenska Petroleum Institutet, the trade organisation for Swedish oil companies, to set up an information exchange system covering monthly updates on member companies' sales of various oil products in Sweden.

Owens Illinois/Huta Antoninek

Premium 01 March 1999

Owens Illinois, a US-based major packaging producer, has successfully cleared its recent acquisition of a majority of shares in a Polish glass manufacturer, Huta Antoninek.

Contact Energy/Enerco

Premium 01 March 1999

The New Zealand Commerce Commission has given clearance for the acqusition of the gas retailing business of Enerco New Zealand Limited by Contact Energy, a state-owned wholesale and retail electricity and natural gas enterprise.

Snyder snaps up MKM

Premium 01 March 1999

US firm Snyder Communications Inc acquired German direct marketing company MKM Marketinginstitut GmbH in a transaction valued at US$59.5 million.

LucasVarity/Meritor

Premium 01 March 1999

LucasVarity has sold its heavy vehicle braking system to US firm Meritor in a multi-jurisdictional transaction which involved merger clearances in the US, Germany, France and the UK.

Newell/Rubbermaid

Premium 01 March 1999

The European Commission has cleared a US$5.8 billion merger between US-based companies Newell Co and Rubbermaid Inc, both of which are active in the consumer products sector.

Electricité de France/London Electricity

Premium 01 March 1999

The UK Department of Trade and Industry (DTI) and the European Commission Merger Task Force are discussing which of the two bodies will investigate the competition aspects of the £1.92 billion acquisition of London Electricity by Electricité de France (EDF).

Eurostar consortium cleared

Premium 01 March 1999

The European Commission has cleared plans for a consortium made up of National Express, French National Railways (SNCF), Belgian National Railways (SNCB) and British Airways to take over the management of the Eurostar (UK) high-speed passenger rail business from London and Continental Railways and the UK government.