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Europe Daily Bulletin No. 10138

12 May 2010
Contents Publication in full By article 22 / 31
GENERAL NEWS / (eu) eu/competition
Elia System Operator and IFM allowed to take over 50Hertz

Brussels, 11/05/2010 (Agence Europe) - On Monday 10 May, the European Commission authorised the proposed acquisition of joint control over the German transmission system operator 50Hertz Transmission GmbH by Elia System Operator SA/NV of Belgium and Industry Funds Management Pty Ltd (IFM) of Australia , under the EU Merger Regulation. The Commission concluded that the proposed transaction would not significantly impede effective competition.

50Hertz is one of the four German electricity...

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