login
login

Europe Daily Bulletin No. 8372

6 January 2003
Contents Publication in full By article 23 / 39
GENERAL NEWS / (eu) eu/competition
Acquisition of Interpower by Electrabel and Energia falls outside Merger Regulation

Brussels, 06/01/2003 (Agence Europe) - After examining the proposed joint acquisition of Interpower, the electricity generation company belonging to Enel, by Electrabel and Energia, the European Commission concluded that the operation did not come under the Merger Regulation. It is in fact a joint venture agreement under which Interpower will sell the electricity it produces mostly to Electrabel and Energia, its new parent companies, as soon as its current contracts with Enel come to an end....

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS