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Mergers: Commission opens in-depth investigation into AEE's take-over of Lentjes GmbH

( August 3, 2007, 12:56 GMT | Official Statement) -- Extract: The European Commission has opened an in-depth investigation under the EU Merger Regulation into the planned acquisition by Austrian engineering company Austrian Energy & Environment AG ("AEE") of its German competitor Lentjes GmbH ("Lentjes"), a company with activities in energy and environmental technology. The Commission’s initial market investigation found that the proposed acquisition may create competition problems given the two companies’ overlapping activities in the sectors of engineering and supply of municipal incineration plants.The full EC statement follows:...

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