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Image header Agence Europe
Europe Daily Bulletin No. 9550
Contents Publication in full By article 19 / 33
GENERAL NEWS / (eu) eu/competition

Commission clears ArcelorMittal group's plans to buy Saar Ferngas AG

Brussels, 23/11/2007 (Agence Europe) - On 22 November, the European Commission cleared the planned acquisition of the German natural gas supplier and gas transportation network operator, Saar Ferngas AG (SFG), by Arcelor Luxembourg S.A. (Arcelor), a subsidiary of the ArcelorMittal group, also based in Luxembourg.

SFG is active in wholesale gas supply and retail supply to industrial customers (including power plants), regional short distance gas transmission and gas storage. The Commission's...

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