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

Eni Wins EU Approval To Acquire Distrigaz

Law360 (October 16, 2008, 12:00 AM EDT) -- The European Commission has cleared Italian energy company Eni SpA to acquire Belgian gas company Distrigaz SA, finding that the merger will not significantly impede competition in Europe.

The largest overlap between the two companies' activities is in the natural gas market in France, but French gas company Gaz de France SA will still provide strong competition there, the commission said Wednesday. In other markets, their overlap is minor, the commission said.

The commission also said that the deal did not raise vertical competition concerns, because...
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.