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EC extends CIMC’s Burg purchase deadline to assess late commitments

By Robert McLeod ( June 26, 2006, 10:38 GMT | Insight) -- The European Commission has extended its deadline to rule on into the planned acquisition by China International Marine Containers (“CIMC”) of the Dutch Burg Group until August 21 after the company offered late commitments aimed at overcoming antitrust objections.The European Commission has extended its deadline to rule on into the planned acquisition by China International Marine Containers (“CIMC”) of the Dutch Burg Group after the company offered late commitments aimed at overcoming antitrust objections....

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