EU Clears Banco Santander Acquisition
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The European Union on Wednesday cleared Banco Santander Central Hispano SA&#39;s acquisition of British rival Abbey National PLC. The takeover raised no competition concerns since the banks operate in different markets, the EU Commission said.
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Dutch chemical group Akzo Nobel  said it will be able to sell some of its British and Irish paint businesses as part of its divestment plan with European regulators who approved its 8 billion pound ($16.3 billion) acquisition of Britain's ICI
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The European Commission on Tuesday cleared Oracle's hostile &#36;7.7 billion bid for rival business-software maker PeopleSoft, lowering the last antitrust hurdle to the contested deal. "There is an absence of sufficient evidence of competitive harm," regulators said in a statement.
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The European Union Commission on Thursday cleared Mexico's Cemex SA De CV's acquisition of RMC Group PLC.
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European Union antitrust regulators cleared Oracle Corp.'s hostile &#36;7.7 billion bid for rival business software maker PeopleSoft Inc. on Tuesday, removing one of the last major hurdles in the contested takeover fight.
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Leading Spanish bank Santander Central Hispano said that its hoped-for acquisition of British home-loan specialist Abbey National would not require asset sales, adding there was as yet no counter-offer.
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LONDON, August 24 (New Ratings) - The Spanish banking giant, Banco Santander Central Hispano (BSD2.FSE), has expressed its commitment to its Â£8.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.&#39;s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc.
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Akzo Nobel NV on Friday won EU approval for its $17.1 billion acquisition of Imperial Chemicals Industries PLC, but it must sell off Britain's Crown Paints and an adhesive business to clear antitrust concerns.
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SANTANDER Central Hispano, the Spanish bank that last year bought Britain - s Abbey National, yesterday sold its last shares in Royal Bank of Scotland, its partner of 16 years.
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EU and US competition bodies clear the Thomson's purchase of news and information provider Reuters.
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Spain's largest bank, Santander Central Hispano, yesterday removed a major hurdle for Abbey National shareholders ahead of Thursday's shareholder vote on its proposed 8.9billion recommended takeover.
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European Union antitrust regulators on Tuesday cleared Oracle Corp.'s hostile $7.7 billion bid for rival business software maker PeopleSoft Inc., removing one of the last major hurdles to the contested takeover proposal.
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European Union regulators cleared on Tuesday an agreement by Telecom Italia SpA to buy AOL's German access business, saying the combined company still would face formidable competition.
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BRUSSELS  - European Union regulators on Friday cleared the acquisition by Singapore's Flextronics International Ltd. of manufacturing actives from Nortel Networks Corp., Canada's largest technology company.
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The European Union on Monday approved U.S.-based UPS Inc.'s acquisition of Menlo Worldwide Forwarding Inc.
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The European Commission, executive arm of the European Union, on Wednesday cleared acquisition of Britain&#39;s sixth largest bank Abbey National by Spain&#39;s largest bank Banco Santander Central Hispano.