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Image header Agence Europe
Europe Daily Bulletin No. 8095
Contents Publication in full By article 12 / 44
GENERAL NEWS / (eu) eu/competition

Clearance for ENEL's takeover of Viesgo

Brussels, 20/11/2001 (Agence Europe) - The European Commission has cleared the planned acquisition by the Italian electricity company ENEL of its Spanish counterpart Viesgo SA (subsidiary of Endesa). The operators are active in different countries (Italy and Spain) so their activities will not have any geographical overlap and the Commission therefore had no objections to the arrival of a new competitor on the Spanish electricity market.

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