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EXME 12 / 02.08
Midday Express of 2012-08-02
News from the European Commission's Midday Briefing
Nouvelles du rendez-vous de midi de la Commission européenne
Commission clears acquisition of joint control of Plastipak by Goldman Sachs and William Young
The European Commission has granted clearance under the EU Merger Regulation to the acquisition by Goldman Sachs, and Mr William C. Young of joint control of Plastipak Holdings, Inc. ("Plastipak"). Goldman Sachs, based in New York, is a global investment banking, securities and investment management firm. Mr. Young, the current owner and CEO of Plastipak, also controls and manages a number of other companies. Plastipak, which is headquartered in the US manufactures and sells rigid plastic packaging containers and preforms for the packaging industry from locations in the EEA, US and Brazil. The operation was examined under the simplified merger review procedure.
In June 2012, compared with May 2012, the industrial producer price index fell by 0.5% in the euro area (EA17) and by 0.8% in the EU27. In May prices decreased by 0.5% and 0.7% respectively. In June 2012 compared with June 2011, industrial producer prices gained 1.8% in the euro area and 1.6% in the EU27.
Mr Graham Blythe takes office as Head of the Office of the European Commission in Edinburgh on 1 August 2012.
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