The following has been reported in the newspapers referred to below: 

  • Dutch natural gas company Gasunie has taken a 9% stake in the Nord Stream pipeline project, which intends to carry gas directly from Russia to Germany and is controlled by Russian energy company Gazprom (FT, November 7, 2007, p. 3; WSJE, November 7, 2007, p. 4)
  • On November 6, 2007, UK-based mining group Nikanor and its Canadian rival Katanga Mining announced a US$3.3bn merger that unites two neighboring mines in the Democratic Republic of Congo and which aims to form Africa’s largest copper group within 5 years (FT, November 7, 2007, p. 19) 
  • On November 8, 2007, German telecommunications company Deutsche Telekom is expected to announce the sale of its media and broadcast business to French broadcasting services provider TDF in a deal worth about €850m (FT, November 7, 2007, p. 18) 
  • The following concentration has been notified to the European Commission:
    • Goldman Sachs/H.P. Pelzer — Candidate case for simplified procedure (design, production, sale and distribution of interior and exterior sound absorbing systems, interior linings and carpets for motor vehicles) (OJ C 265, 7 November 2007, p. 20) 
  • The following concentrations have been cleared by the European Commission:
    • Jabil Circuit, Inc/Nokia Siemens Networks S.p.A (manufacture of microwave and radio base stations equipment) (OJ C 265, 7 November 2007, p. 1)
    • GE Money/BPH (retail and corporate banking; asset management) (OJ C 265, 7 November 2007, p. 1) 
    • CVC/Charterhouse/PHL/AA/Saga (provision of services targeting the over 50s, including travel, financial services and insurance) (OJ C 265, 7 November 2007, p. 2) 
    • Fortis/ABN AMRO assets (financial intermediation) (OJ C 265, 7 November 2007, p. 2) 
    • Deutsche Bahn/EWS (rail based transport services in the United Kingdom and France) (RAPID, November 7, 2007)

State Aid

  • Belgium — State aid C 35/07 (ex N 256/07) — Training aid to Volvo Cars Gent, Belgium (Swedish carmaker) — Invitation to submit comments pursuant to Article 88(2) of the EC Treaty (OJ C 265, 7 November 2007, p. 21)


  • Italy’s independent airline Air One has named US investment bank Goldman Sachs as adviser for its takeover bid for Italian national carrier Alitalia. Italian bank Intesa Sanpaolo has already announced its interest in a minority stake in the merger between Air One and Alitalia (FT, November 7, 2007, p. 22) 
  • UK based reinsurer Lloyd’s of London has accused the US competition authorities of “doing nothing” to tackle “discriminatory” rules that affect non-US reinsurers operating in the US. No such requirement exists for US resinsurers in the EU and Lloyd’s chairman has called it anti-competitive (FT, November 7, 2007, p. 21))