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Case number:

Vj-0141/2009

Type of case:

Mergers and acquisitions

Undertaking(s) concerned:

Globe Acquisition Corporation (Globe)
Emerson Electric Company (Emerson)
Avocent Corporation

Short description:

Globe Acquisition Corporation (Globe) is a wholly-owned subsidiary of Emerson Electric Company (Emerson). Globe is a corporation established only for the purpose of this acquisition. Following the completion of the acquisition of Avocent, Globe will break off.

Decision:

The Hungarian Competition Authority granted authorisation to the acquisition of Avocent Corporation by Globe Acquisition Corporation.

Date:

10 December 2009

English summary of the decision in PDF