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Europe Daily Bulletin No. 7871

29 December 2000
Contents Publication in full By article 25 / 38
GENERAL NEWS / (eu) eu/competition
Commission authorises acquisition by German group RAG of half of Belgian coal trader BCCT

Brussels, 28/12/2000 (Agence Europe) - The European Commission has authorised the German group RAG AG's acquisition of a 50% stake in Belgium's Bunkering Considar Coal Trading N.V. (BCCT). Following the operation, BCCT will be jointly owned by RAG and the current majority shareholder, Sidmar Group. The Commission authorised the acquisition after observing that it will have a limited impact on the markets most concerned (Belgium and Spain) insofar as a large part of BCCT's coal imports come...

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