Brussels, 03/11/2008 (Agence Europe) - On Friday 31 October, the European Commission cleared the purchase by Galp Energia of Portugal of a distribution network from US group ExxonMobil in Spain and Portugal, on condition that it divest itself of certain assets.
The transaction, which was announced in April, concerns 130 service stations and sales of LPG and aircraft fuels, amounting to total annual sales of petroleum products of approximately one million tonnes. The proposed transaction as...