European Commission – Mergers: Commission approves acquisition of part of Honeywell’s friction material business by rival Federal-Mogul, subject to conditions

European Commission Press release Brussels, 16 June 2014 The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the European part of Honeywell’s friction material business by another large US friction material manufacturer, Federal-Mogul Corporation. …read more Source: European Commission Competition Press Releases