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Commission approves takeover of GEA by MG

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(EU, D) - The European Commission has approved the takeover of GEA AG, Bochum, by Metallgesellschaft (MG), Frankfurt. MG will acquire 74.85 per cent of GEA's ordinary shares and incorporate the company into its engineering subsidiary Lurgi AG, where turnover will almost double from just under DM5bn to almost DM10bn. ...

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