12/06/2014 (Agence Europe) - Mergers: Acquisition of SHELL Italia and SHELL Italia Aviazione by Kuwait Petroleum given go-ahead. The European Commission says the deal does not raise competition concerns because of the parties' limited market shares and the presence of competitors. Netherelands-based Kuwait Petroleum Europe (KPE) is the holding company for the majority of the assets of Kuwait Petroleum Corporation (KPC) in Europe and KPC's investments in the Far East. Kuwait Petroleum Italia...