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Image header Agence Europe
Europe Daily Bulletin No. 7894
Contents Publication in full By article 33 / 55
GENERAL NEWS / (eu) eu/competition

Yes to Salzgitter AG's stake in Robert SA

Brussels, 01/02/2001 (Agence Europe) - The European Commission has authorised the German steel group Salzgitter AG to take a 50% stake in the French firm Robert SA. Given the low market shares held on the market by Salzgitter and Robert and the presence of large competitors, the Commission considered the said operation to comply with the provisions of the Treaty governing the European Steel and Coal Community.

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