We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

EU Restarts Inquiry Of StatoilHydro-Jet Deal

Law360 (July 24, 2008, 12:00 AM EDT) -- The European Commission has reportedly restarted its detailed investigation of StatoilHydro ASA's plan to purchase 274 of ConocoPhillips Co.'s Jet petrol stations across Scandinavia.

Various news reports on Thursday stated that the EC had temporarily suspended its probe of the proposed deal as it awaited information needed to evaluate the case, but has once again resumed its investigation.

The EC has requested further information about the deal, and plans to set a provisional deadline for the investigation once it receives the details, according to the commission's...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.