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TENNECO / FEDERAL-MOGUL
M.8949
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
The notified concentration involves the acquisition of sole control by Tenneco Inc. (“Tenneco”) over Federal-Mogul LLC (“FDML”) (the “Proposed Transaction”). Tenneco is listed on the New York Stock Exchange and the Chicago Stock Exchange (under ticker symbol “TEN”). FDML is a subsidiary of Icahn Enterprises L.P., which is listed on the NASDAQ Stock Market (under ticker symbol “IEP”).
Tenneco manufactures and supplies clean air and ride performance products for light vehicle, commercial truck off-highway and other vehicle applications.
FDML is an international company that develops, manufactures and sells engine, transmission and driveline components as well as brake friction material, chassis components, sealing and wiper products for automotive, rail and other applications.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.