Arcelor SA / Pallanzeno Newco
OFT closed case: Completed acquisition by Arcelor SA of Pallanzeno Newco.
Affected market: Steel products
No. ME/1264/03
On the basis of the information available to it, the Office of Fair Trading has decided that the completed acquisition of Pallanzeno Newco by Arcelor SA does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.
A relevant merger situation has, therefore, not been created.