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INDUSTRY NEWS: Conditional Approval of GE Agfa Purchase.

Publication: NDT Update
Publication Date: 01-DEC-03
Format: Online - approximately 469 words
Delivery: Immediate Online Access

Article Excerpt
The European Commission has granted clearance under the Merger Regulation to the proposed acquisition of Agfa's non-destructive testing (NDT) business by General Electric (GE) of the US. The Commission's review highlighted serious concerns in the market for portable ultrasound NDT devices, but GE was able to address these concerns by offering to divest the ultrasound NDT business of its subsidiary Panametrics.

GE, the diversified industrial corporation active in numerous...

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