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Europe Daily Bulletin No. 8240

24 June 2002
Contents Publication in full By article 17 / 42
GENERAL NEWS / (eu) eu/competition
Metronet authorised to buy of two London Tube infrastructure companies

Brussels, 24/06/2002 (Agence Europe) - On Monday the European Commission authorised the acquisition of two London Tube infrastructure companies by Metronet, a consortium controlled by Atkins, RWE, Balfour Beatty and Seeboard. The deal, part of a restructuring of the London Underground, does not raise any competition concerns but, nevertheless, examines the UK Government's request for confirmation that the operation does not involve state aid.

The UK Government, a few years ago, decided to...

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