What COMMISSION DECISION of 01/02/1999 declaring a concentration to be compatible with the common market (Case No IV/M.1400 - REXAM/PLM) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) requires
The European Commission declared the acquisition of PLM AB by Rexam Plc compatible with the common market under Council Regulation No 4064/89. The operation involves Rexam acquiring sole control over PLM through a public bid. The Commission concluded that the transaction falls within the scope of the Regulation and does not raise serious doubts regarding its compatibility with the common market and the functioning of the EEA Agreement. The combined aggregate worldwide turnover of the undertakings exceeds EUR 2,500 million, and the operation meets the Community dimension thresholds.
Pillar: Legal & IP Sovereignty · Authority: European Commission · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:31999M1400
SHA-256 integrity: ec1526c3a8349a137709e643a86a13443af5e81fa7cbb349afd478c3b653ab7a
Primary Citations — 6 traced to source
- Article 4: Notification of 22/12/1998 pursuant to Article 4 of Council Regulation No 4064/89
- Article 3(1)(b): The transaction is a concentration within the meaning of article 3(1) (b) of the Merger Regulation.
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