EU Delays Ruling on Vodafone/Mannesmann

BRUSSELS (02/23/2000) - The European Commission has postponed its initial ruling on the planned acquisition of Mannesmann AG by Vodafone AirTouch PLC, previously set for Feb. 28, while it seeks more information from Vodafone, the Commission said in a statement today.

Commission Competition spokesman Michael Tscherny declined to specify what type of additional information it is seeking. Once it receives the requested information, the Commission will set a new one-month deadline for delivering its ruling, in which it either approves the merger or launches at in-depth four month investigation.

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