The European Commission has approved, under EU State aid rules, an estimated €4.06 billion German measure to support the operation of four storage and regassification units (‘FSRUs’) for the import of Liquefied Natural Gas (‘LNG’) by Deutsche Energy Terminal (‘DET’).
The EU Commission has approved the acquisition of joint control of Kotikuitu passive fiber assets (‘Kotikuitu Target Assets’), currently belonging to the Kotikuitu business of Telia Company AB (‘Telia Company’) of Sweden, by Telia Company and CapMan AIFM Oy (‘CapMan AIFM’) of Finland.
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’).
A new Schengen and Borders Scrutiny Working Group, operating under the Parliament’s Committee on Civil Liberties, Justice and Home Affairs, will scrutinise the state of the Schengen free-travel area. It will monitor internal border controls, the European Border and Coast Guard Agency (Frontex), and Europe’s external border situationand Integrated Border Management.
Volt MEP Damian Boeselager analyses the brand-new Italian-built detention centres for migrants that were constructed on Albanian soil in order to outsource asylum procedures: “It’s a very gloomy place, to say the least. Some even call it ‘Mini-Guantanamo’. We were able to take a close look – and found out why this whole idea is really insane”.
Novo Holdings is the ultimate owner of Novo Nordisk, a pharmaceutical company focused on the treatment of chronic diseases including obesity and diabetes. Catalent is a contract development and manufacture organisation (‘CDMO’) that develops and manufactures medicines on behalf of pharmaceutical companies.
On 6 December 2024, the European Board for Digital Services convened in an ad-hoc meeting to discuss the elections in Romania from a DSA perspective, in light of the declassified documents.
The EU Commission has approved the creation of a joint venture by TPG Inc. of the US and The Prudential Assurance Company Limited (‘PACL’), controlled by M&G plc (‘M&G’), both of the UK. The transaction relates primarily to the real estate sector.
The EU Commission has approved the acquisition of sole control of Uniper Hungary Energetikai, based in Hungary, by Veolia Environnement, based in France. The transaction mainly concerns the provision of electricity system balancing services in Hungary.
According to the Romanian Constitutional Court, the electoral process for the election of the President of Romania must be resumed in its entirety, with the Government to establish a new date for the election of the President Romania, as well as a new calendar program for the implementation of the necessary actions.
The new EU Product Liability Directive enters into force on Sunday, 8 December. The revised legislation needs to be transposed at national level. It establishes an solid framework for victims to seek compensation for damages caused by defective products. It also provides greater legal certainty for economic operators.
The EU Transport Council adopted its negotiating positions on a new directive on driving disqualifications, a regulation on enforcement of passenger rights and a regulation on passenger rights in the context of multimodal journeys.
To improve road safety across Europe, today the EU Tranport Council adopted its negotiating position on an EU Commission proposal regarding certain driving disqualifications forming part of the so-called ‘road safety’ legislative package.
The transaction relates primarily to the markets for the provision of financial planning led investment management approach, retirement planning, estate planning, trust services, tax planning and family office services for individuals and institutional clients.
The European Commission has approved the creation of a joint venture by Banco Santander S.A. of Spain and Pemberton Asset Management Holdings Limited (‘Pemberton’) of Jersey. The transaction relates primarily to the market of contract logistics services.
Leading MEPs have published a joint statements on the escalating repressions by the Georgian authorities against the democratic opposition and excessive use of force against peaceful protesters.
The European Commission has approved the acquisition of joint control of Meyer Werft GmbH by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and by the Ministry of Finance of the State of Lower Saxony, all of Germany. The transaction relates primarily to the construction and sale of cruise ships of all sizes up to 185,000 gross tonnage.
At a conference on disinformation, held by the European Economic and Social Committee (EESC), participants pointed out that regional press can be a role model for big media platforms to rebuild the trust lost with their audiences.
“Everyone can see the impressive changes that Poland has made over the past year…. You have unlocked crucial European funds to support Polish businesses and people, you have steered our support towards Ukraine and spearheaded our discussions on security, on defence, on the issues that matter most. And in doing so you have led your country to the very heart of Europe, where Poland belongs” – Robert Metsola in Warsaw.
The European Commission has approved the acquisition of joint control of BoxLinks LLC (‘BoxLinks’) by Ocean Network Express Pte. Ltd. (‘ONE’) and LX Pantos Co., Ltd. (‘LXP’). The transaction relates primarily to the market of logistic services.
The European Commission has approved the creation of a joint venture, Coding Solutions Topco Inc. (“CorroHealth”), by Patient Square Capital Holdings LLC (“Patient Square”) and Carlyle Group Inc. (“Carlyle”), all of the US. The transaction relates primarily to the provision of solutions aimed at optimising revenue cycle management for healthcare systems in the US.
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