COMMISSION CLEARS WESTLB/ODEWALD TAKEOVER OF GERMAN MOTOR PARTS MANUFACTURER.

The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of ASH Automotive Systems Holding GmbH (ASH) of Germany by two German banks, WestLB and Odewald & Compagnie Gesellschaft fur Beteiligungen mbH. ASH is the holding company of the Westfalia group and is...

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