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Image header Agence Europe
Europe Daily Bulletin No. 8176
Contents Publication in full By article 20 / 40
GENERAL NEWS / (eu) eu/competition

Conditional green light for EnBW, EDP and Cajastur joint control of Hidrocantábrico

Brussels, 20/03/2002 (Agence Europe) - The European Commission has cleared, subject to conditions, an agreement giving Energie Baden-Württemberg (EnBW), Electricidade de Portugal S.A. (EDP) and Caja de Ahorros de Asturias (Cajastur) joint control over Spain's fourth largest utility company Hidroeléctrica del Cantábrico (Hidrocantábrico). As in the recent bid for the Spanish company by EnBW and Grupo Villar Mir, the operation would have led to the strengthening of the existing collective...

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