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Europe Daily Bulletin No. 7721

20 May 2000
Contents Publication in full By article 24 / 48
GENERAL NEWS / (eu) eu/competition
Commission go-ahead for acquisition of Burmah Castrol by BP Amoco

Brussels, 19/05/2000 (Agence Europe) - The European Commission has given its clearance for the acquisition of the British lubricants company Burmah Castrol by BP Amoco (BPA), the Anglo-American oil company. The Commission review showed that the combined market share of the BPA/Castrol entity in the European Union will be around 15% for car lubricants and 9% for industrial lubricants, shares comparable to those held by ExxonMobil, Shell and TotalFinaElf. In addition to these operators, there...

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