MERGERS: AMO SR stopped the administrative proceedings in the matter of a merger of the undertakings Faurecia S.A., Parrot S.A. and Parrot Automotive S.A.S

22.03.2017
On 28 February 2017 the Antimonopoly Office of the Slovak Republic, Division of Concentrations, ( hereafter "the Office") stopped the administrative proceedings in the matter of a merger grounded in the acquisition of a joint control of the undertakings Faurecia S.A., France and Parrot S.A., France over the undertaking Parrot Automotive S.A.S, France.
 
In case of the merger, which was notified to the Office as an intention, the turnover criteria that according to the Act determine whether the merger is a subject to the control of the Office were not met. The reason to the administrative proceedings was not given and the Office stopped it.
 
The decision came into force on 15 March 2017.
Last update:22.03.2017