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Change to acquisition ban for SEFE approved by EU Commission

( March 26, 2024, 14:31 GMT | Official Statement) -- MLex Summary: Systemic energy utility SEFE can take over the remaining shares in gas-network operator WIGA under changes to Germany's earlier commitments to win approval to own the utility after the European Commission approved the changes under the EU's state aid rules. It also granted a cash capital injection of 6.3 billion euros for its recapitalization. The modification is weighed with other commitments, such as additional divestments and wind-downs, which will fix any competition distortions, the watchdog said.Statement follows. ...

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