Gaz de France, Suez Join Hands After E.C. Blessing

Law360, New York (November 14, 2006, 12:00 AM EST) -- Bringing an end to months of debate over antitrust concerns, European competition regulators have given the green light to energy company Suez SA’s controversial merger with Gaz de France SA on the condition that the combined company divests two units and cede control of a third.

The European Commission announced its approval of the deal on Tuesday, stating that the deal as initially planned would have had anti-competitive effects in the gas and electricity wholesale and retail markets in Belgium and in the gas markets in...
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