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EU approves acquisition of Babcock Borsig

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(EU, D) - The European Commission has approved the acquisition of shareholdings in the German group Babcock Borsig AG, Oberhausen, by Preussag AG, Hannover. As Preussag has secured a majority at general meetings, the group will obtain control over Babcock Borsig although it is purchasing only a minority holding. The ...

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