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Case number: |
Vj-0141/2009 |
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Type of case: |
Mergers and acquisitions |
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Undertaking(s) concerned: |
Globe Acquisition Corporation (Globe)
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Short description: |
Globe Acquisition Corporation (Globe) is a wholly-owned subsidiary of Emerson Electric Company (Emerson). Globe is a corporation established only for the purpose of this acquisition. Following the completion of the acquisition of Avocent, Globe will break off. |
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Decision: |
The Hungarian Competition Authority granted authorisation to the acquisition of Avocent Corporation by Globe Acquisition Corporation. |
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Date: |
10 December 2009 |
2010. Jan. 05.