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Europe Daily Bulletin No. 7802

20 September 2000
Contents Publication in full By article 20 / 53
GENERAL NEWS / (eu) eu/competition
Commission gives go-ahead to acquisition by Alstom of Fiat Ferroviaria, in rail sector

Brussels, 19/09/2000 (Agence Europe) - The European Commission has authorised the French company Alstom to acquire Fiat Ferroviaria (turnover of around 740 billion lira), a subsidiary of the Italian group Fiat, specialised in rail transport. The takeover leads to competitive overlaps for mainline, regional and local trains as well as for certain components. The operation, however, does not raise competition concerns and so the Commission did not have to decide whether the market at stake has...

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