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EC Statement: Mergers - Commission opens in-depth investigation into proposed take-over of Aker Yards by STX

( December 20, 2007, 11:05 GMT | Official Statement) -- ****************************************The European Commission has opened a detailed investigation under the EU Merger Regulation into the planned acquisition of Aker Yards of Norway by STX of (South Korea). Both companies are major players in the shipbuilding business. An in-depth investigation will enable the Commission to assess whether the removal of STX as a new entrant into the cruise ship market would possibly have anti-competitive effects and so harm consumers....

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