SEB acquisition of Moulinex approved by ministry

17th August 2004, Comments 0 comments

PARIS, Aug 17 (AFP) - The finance ministry said Tuesday it had approved the acquisition of French appliance maker Moulinex by its rival SEB, saying that the deal was not in breach of competition rules.

PARIS, Aug 17 (AFP) - The finance ministry said Tuesday it had approved the acquisition of French appliance maker Moulinex by its rival SEB, saying that the deal was not in breach of competition rules.

In February France's top administrative court, the Conseil d'Etat, annulled the finance ministry's decision in 2002 to clear the partial sale of Moulinex to SEB without conditions.

© AFP

Subject: French news

0 Comments To This Article