login
login

Europe Daily Bulletin No. 9928

25 June 2009
Contents Publication in full By article 21 / 38
GENERAL NEWS / (eu) eu/competition
Proposed acquisition of Essent by RWE is cleared, subject to conditions

Brussels, 24/06/2009 (Agence Europe) - On Tuesday 23 June, the European Commission authorised the planned acquisition of Essent (Netherlands) by RWE (Germany). Both companies are active in the electricity and gas sectors. The Commission's decision is conditional upon RWE's commitment to divest Essent's controlling shareholding in Stadtwerke Bremen AG (SWB).

The Commission's investigation revealed that the proposed transaction would not raise competition concerns on the wholesale, retail or...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS