82/317/ECSC: Commission Decision of 2 April 1982 authorizing the concentration between the Usinor, Sacilor and Normandie steel undertakings (Only the French text is authentic)

• Articles: 3

Article 1

The concentration between the undertakings Usinor SA, Sacilor SA and Société Métallurgique de Normandie is hereby authorized.

Article 2

This authorization is subject to the following conditions: 1. Members of the supervisory and management boards and senior executives of the iron and steel production and distribution undertakings belonging to the Usinor/Sacilor/Normandie group shall not perform similar functions in outsider undertakings of the same type. If special circumstances so justify, the Commission may, in response to a reasoned request, authorize exemptions from this condition.

2. Any future acquisition by the Usinor/Sacilor/Normandie group of 10 % or more of the shares of steel-producing or distributing undertakings, or of steel-processing undertakings with an annual consumption exceeding 50 000 tonnes, shall be subject to prior authorization by the Commission.

Article 3

This Decision is addressed to the French Republic, SA Usinor, Paris, SA Sacilor, Hayange, and Société Métallurgique et Navale de Dunkerque Normandie, Paris.

Done at Brussels, 2 April 1982.

For the Commission

Frans ANDRIESSEN

Member of the Commission