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Article: FREIGHT HANDLING : IN-DEPTH PROBE INTO SEA-INVEST'S ACQUISITION OF EMO-EKOM.(Brief article)
- Article from:
- European Report
- Article date:
- April 4, 2006
CopyrightCOPYRIGHT 2006 Europolitics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The bid by Belgian shipping freight firm Sea-Invest to take joint control of Dutch port venture EMO-EKOM could impede effective competition, the European Commission hinted when it announced on 31 March that it had opened an in-depth inquiry into the planned takeover under the EU Merger Regulation. Both companies are cargo-handling companies mainly active in the loading, unloading and storage of iron ore and coal. Sea Invest is active in a number of ports in Belgium, France, Germany and South Africa. It has sole control over the ABT terminal in Antwerp which provides cargo-handling services for coal, iron ore and other dry bulk. EMO-EKOM is a Dutch joint venture providing ...
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