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Europe Daily Bulletin No. 9728

29 August 2008
Contents Publication in full By article 11 / 16
GENERAL NEWS / (eu) eu/competition
Commission clears proposed creation of joint venture between Edison and Hellenic Petroleum

Brussels, 28/08/2008 (Agence Europe) - On Wednesday 27 August, the European Commission cleared the proposed acquisition of a newly created joint venture between Edison S.p.A. (Italy) and Hellenic Petroleum S.A. (Greece). The new company will be active in the market for the generation and wholesale supply of electricity in Greece. Edison and Hellenic also operate in the energy sector, focusing on electricity and oil products respectively. Upon examination of the proposed transaction, the...