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Vattenfall, Engie acquisition of Gasag: EU clearance decision published

( January 27, 2021, 12:22 GMT | Official Statement) -- MLex Summary: The European Commission on Tuesday issued the public version of its decision adopted last month to clear plans by Swedish energy company Vattenfall and French business Engie to acquire joint control of Gasag, a German gas vendor. The deal had won unconditional approval in 2015, but was never implemented. After reassessing the current market conditions, the commission concluded that the deal didn't raise antitrust concerns because of the parties' limited combined market positions.The public version of the decision is attached (in German). Case reference is M.9990. ...

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