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Europe Daily Bulletin No. 8012

23 July 2001
Contents Publication in full By article 16 / 35
GENERAL NEWS / (eu) eu/competition
Fiat and EDF bid for Montedison comes within Commission's scope of action

Brussels, 23/07/2001 (Agence Europe) - The Commission's services responsible for competition have passed down their verdict on the bid made by the Italian group Fiat, associated with the French EDF, through their joint-venture Italenergia for Montedison, considering that the bid did have to be notified to it. The European Executive first examined who exercised actual control within Italenergia. Due to the latest changes within the company's shareholding (in particular the limit n EDF's...

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