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Europe Daily Bulletin No. 9261

9 September 2006
Contents Publication in full By article 21 / 37
GENERAL NEWS / (eu) eu/internal market/competion
McCreevy accepts that French state will have “golden share” in Suez-GDF if competition authorities clear operation

Brussels, 08/09/2006 (Agence Europe) - The European Commission has confirmed that it has accepted the fact that the French state will have a “golden share” in the group that emerges from the merger between Suez and Gaz de France, if the merger is cleared. The merger between the two groups is on the condition that the preliminary privatisation operation reduces the state's share in GDF from 80% to 34%. Having a “golden share” will not be contrary to Community law, the Commissioner...

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