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Europe Daily Bulletin No. 7737

15 June 2000
Contents Publication in full By article 22 / 41
GENERAL NEWS / (eu) eu/state aid
Commission extends investigation on aid to Babcock Wilcox Espana in framework of its privatisation

Brussels, 14/06/2000 (Agence Europe) - The European Commission decided to extend its investigation of State aid to the Spanish company Babcock Wilcox Espana (BWE), following its acquisition, last February, by Babcock Borsing. The European executive already heard for the first time on July 10, the investigation opened in April 1998. It presently hopes to assess the elements of aid included in the privatisation of BWE, which, until then, was the property of the Spanish public holding...

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