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Europe Daily Bulletin No. 7863

14 December 2000
Contents Publication in full By article 20 / 42
GENERAL NEWS / (eu) eu/competition
Aker Maritime decides not to take over Kvaerner - Commission drops in-depth investigation

Brussels, 13/12/2000 (Agence Europe) - The Norwegian firm Aker Maritime has decided not to take control of the Anglo-Norwegian firm Kvaerner, after the European Commission decided to initiate an in-depth investigation on the effect of this merger on the market of oil and gas platforms and maintenance services for these platforms (see EUROPE of 9 December, p.13). Whence the Commission has decided to end the procedure. Aker Maritime said that it would limit its stake in Kvaerner to 17.8% and...

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