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Wednesday, April 24, 2013

EU mergers and takeovers (April 24), (NYSE: MHK)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- German optical technology company Carl Zeiss to acquire sole control of eyewear maker Carl Zeiss Vision Holding GmbH (approved April 24)-- U.S. ceramic tile maker Mohawk Industries to acquire panel board maker Spano Invest, which is majority-owned by Belgian holding company Ackermans & Van Haaren (approved April 23)

Mohawk Industries, Inc. (Mohawk) is a producer of floor covering products for residential and commercial applications in the United States and residential applications in Europe. Shares of MHK remained unchanged at $115.00. In the past year, the shares have traded as low as $61.43 and as high as $117.97. On average, 672796 shares of MHK exchange hands on a given day and today's volume is recorded at 0.



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