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Valentina R., lawyer
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.
Description of the concentration
On 29 March 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) 139/2004 by which the undertakings General Electric Company ("GE", USA) and Bayer AG ("Bayer", Germany) acquire joint control within the meaning of Article 3(1)(b) of the EC Merger Regulation over OSi Europe, a producer of silicones which is currently controlled by GE.
The business activities of the undertakings concerned are:
• For GE: diversified technology and services.
• For Bayer: chemical and pharmaceutical products.
• For OSI: silicones.