Reuters: Regulatory News: SPX, Robert Bosch deal set for EU approval -source

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

SPX, Robert Bosch deal set for EU approval -source Jun 25th 2012, 10:58 BRUSSELS, June 25 | Mon Jun 25, 2012 6:58am EDT BRUSSELS, June 25 (Reuters) - EU competition regulators are to approve the sale of U.S. conglomerate SPX Corp's automotive service business to world No. 1 car parts maker Robert Bosch GmbH for $1.15 billion, a person familiar with the matter said on Monday. The European Commission has been examining the deal since May 21 and has set a June 26 deadline for its decision. "The Commission is set to give unconditional approval for the deal," said the source, who declined to be identified because of the sensitivity of the matter.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions