Competition Authority

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Retrieved on: 
Friday, November 3, 2023

Computershare Trust Company, N.A., the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on November 2, 2023, approximately 8,653,044 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 56.9021% of the outstanding Shares.

Key Points: 
  • Computershare Trust Company, N.A., the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on November 2, 2023, approximately 8,653,044 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 56.9021% of the outstanding Shares.
  • Shareholders that have previously tendered their Shares do not need to re-tender their Shares or take any other action in response to this extension.
  • The Offer was extended to allow additional time for the satisfaction of the Regulatory Condition and the other conditions described in the Offer to Purchase.
  • Requests for documents and questions regarding the Offer may be directed to Georgeson by telephone at 1-866-431-2096.

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Retrieved on: 
Thursday, October 12, 2023

Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on October 11, 2023, approximately 8,259,806.406 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 53.6755% of the outstanding Shares.

Key Points: 
  • Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on October 11, 2023, approximately 8,259,806.406 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 53.6755% of the outstanding Shares.
  • Shareholders that have previously tendered their Shares do not need to re-tender their Shares or take any other action in response to this extension.
  • The Offer was extended to allow additional time to satisfy the Regulatory Conditions and the other conditions described in the Offer to Purchase.
  • Requests for documents and questions regarding the Offer may be directed to Georgeson by telephone at 1-866-431-2096.

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Retrieved on: 
Thursday, September 21, 2023

Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on September 20, 2023, approximately 11,640,378.197500 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 76.5467% of the outstanding Shares.

Key Points: 
  • Computershare, the depositary for the Offer, has indicated that as of 5:00 p.m., Eastern Time, on September 20, 2023, approximately 11,640,378.197500 Shares had been validly tendered into and not validly withdrawn from the Offer, representing approximately 76.5467% of the outstanding Shares.
  • Shareholders that have previously tendered their Shares do not need to re-tender their Shares or take any other action in response to this extension.
  • The Offer was extended to allow additional time for the satisfaction of the Regulatory Condition and the other conditions described in the Offer to Purchase.
  • Requests for documents and questions regarding the Offer may be directed to Georgeson by telephone at 1-866-431-2096.

Hinojosa expands its presence in France due to the acquisition of shares in ASV Packaging

Retrieved on: 
Friday, July 7, 2023

VALENCIA, Spain, July 7, 2023 /PRNewswire/ -- Hinojosa Packaging Group has closed a 49% shareholding agreement of ASV Packaging, a leading independent French group in the design and production of sustainable packaging solutions, primarily boxes for the food and beverage industry.

Key Points: 
  • - Hinojosa Packaging Group has closed a 49% shareholding agreement of ASV Packaging, a leading independent French group in the design and production of sustainable packaging solutions, primarily boxes for the food and beverage industry.
  • - Customers of both Hinojosa and ASV Packaging will benefit from a supplementary and enhanced packaging offering.
  • VALENCIA, Spain, July 7, 2023 /PRNewswire/ -- Hinojosa Packaging Group has closed a 49% shareholding agreement of ASV Packaging, a leading independent French group in the design and production of sustainable packaging solutions, primarily boxes for the food and beverage industry.
  • With the acquisition of ASV Packaging, we will have the opportunity to expand our offering of sustainable packaging solutions in the French market.

Electrolux Group sets provision mainly relating to French antitrust case

Retrieved on: 
Tuesday, May 30, 2023

STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximately SEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules in France between 2009 and 2014.

Key Points: 
  • STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximately SEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules in France between 2009 and 2014.
  • The provision will be reported as a non-recurring item affecting operating income for Business Area Europe in the second quarter of 2023.
  • As previously disclosed in press releases and annual reports, Electrolux Group became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • A settlement has now been agreed with the Competition Authority and Electrolux Group is therefore in accordance with accounting principles setting this provision.

Electrolux Group sets provision mainly relating to French antitrust case

Retrieved on: 
Tuesday, May 30, 2023

STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximately SEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules in France between 2009 and 2014.

Key Points: 
  • STOCKHOLM, May 30, 2023 /PRNewswire/ -- Electrolux Group will set a provision of approximately SEK 650m in connection to the previously reported investigation of alleged breaches of antitrust rules in France between 2009 and 2014.
  • The provision will be reported as a non-recurring item affecting operating income for Business Area Europe in the second quarter of 2023.
  • As previously disclosed in press releases and annual reports, Electrolux Group became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • A settlement has now been agreed with the Competition Authority and Electrolux Group is therefore in accordance with accounting principles setting this provision.

Electrolux Group has received a Statement of Objections from the French Competition Authority

Retrieved on: 
Wednesday, February 22, 2023

A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).

Key Points: 
  • A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).
  • The Statement of Objections does not prejudge the final outcome of the case.
  • As previously disclosed in press releases and annual reports, the company became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • In the French Competition Authority's Statement of Objections it is alleged that various parties within the home appliance sector have breached the antitrust rules.

Electrolux Group has received a Statement of Objections from the French Competition Authority

Retrieved on: 
Wednesday, February 22, 2023

A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).

Key Points: 
  • A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).
  • The Statement of Objections does not prejudge the final outcome of the case.
  • As previously disclosed in press releases and annual reports, the company became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • In the French Competition Authority's Statement of Objections it is alleged that various parties within the home appliance sector have breached the antitrust rules.

Jade Power Announces Proposed Sale of Its Renewable Energy Asset Portfolio

Retrieved on: 
Thursday, September 1, 2022

Assuming the release to Jade Power of the Indemnity Escrow Amount in full, the Special Distributions shall be approximately CDN$75.6 million (or Euro 57.3 million), or approximately CDN$3.40 per Unit.

Key Points: 
  • Assuming the release to Jade Power of the Indemnity Escrow Amount in full, the Special Distributions shall be approximately CDN$75.6 million (or Euro 57.3 million), or approximately CDN$3.40 per Unit.
  • Each Special Distribution shall be made to the Unitholders of record as of the closing date of the Sale Transaction.
  • The Sale Transaction is subject to the approval of at least 66.6% of the votes cast by Unitholders at the Meeting.
  • As stated above, contemporaneous with or immediately following the completion of the Sale Transaction, the Trust intends to de-list the Units from trading on the TSXV.

Criteo Welcomes The French Competition Authority Decision Restoring Partner Status and Partner Access to Meta Ad Inventory

Retrieved on: 
Thursday, June 16, 2022

As part of the accepted commitments, Criteo will be reinstated as an authorized partner, restoring the company's ad buying capabilities on Facebook and now Instagram.

Key Points: 
  • As part of the accepted commitments, Criteo will be reinstated as an authorized partner, restoring the company's ad buying capabilities on Facebook and now Instagram.
  • "We are very pleased with today's decision from the French Competition Authority to accept Meta's commitments.
  • We appreciate the continuing work and expertise in this case and in our industry by the French Competition Authority.
  • As the French Competition Authority stated in its own release available here , Meta has agreed to a series of commitments which apply to Criteo and any other similar harmed companies in France, among them:
    Re-establish Criteo's partner status and badge with Meta.