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EC extends Cin, Tirrenia probe following commitments

By Sille Ruubel ( December 21, 2011, 12:40 GMT | Insight) -- Italian shipping consortium Compagnia Italiana di Navigazione has offered remedies to the European Commission to offset competition issues over its proposed acquisition of rival Tirrenia’s ferry business. The authority has extended the decision deadline by 10 working days, with the new date falling on 18 January. Brussels - Italian shipping consortium Compagnia Italiana di Navigazione (Cin) has offered remedies to the European Commission to offset competition issues over its proposed acquisition of rival Tirrenia’s ferry business....

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