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EC reserves judgment on Rusal/Sual/Glencore aluminium deal

Friday, Jan 05, 2007
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The proposed merger between Russian aluminium producers Rusal and Sual and the aluminium assets of Switzerland-based trading group Glencore may fall under European merger regulations, the European Commission said.

"On preliminary examination, the Commission finds that the notified transaction could fall within the scope of [EU merger regulations]. However, the final decision on this point is reserved," the EC said in a notice in its Official Journal.

The EC has invited interested third parties to submit their possible observations on the proposed merger, to reach the EC not later than 10 days following the December 29 publication of the notice in the Official Journal.

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