The German Competition Authority clears a planned acquisition of electricity plants after imposing a reduction of the shares to be acquired (RWE / GEW)

Competition Authority, German

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1 Feb 2002

The German Competition Authority clears a planned acquisition of electricity plants after imposing a reduction of the shares to be acquired (RWE / GEW)

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Reference

Bundeskartellamt (Bonn), RWE / GEW, 1 February 2002

Bundeskartellamt forces RWE’s acquisition of share in GEW Rhineland below merger threshold* The Bundeskartellamt has cleared the planned acquisition of the electricity plants of RWE AG, Essen (RWE) located on the right bank of the Rhine by GEW AG, Cologne (GEW). RWE’s plan to acquire a share in GEW Rhineland could no longer be prohibited under merger law once the share involved had been reduced to 20 per cent. According to the original

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German Competition Authority
German Competition Authority (Bonn)

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Quotation

German Competition Authority, The German Competition Authority clears a planned acquisition of electricity plants after imposing a reduction of the shares to be acquired (RWE / GEW), 1 February 2002, e-Competitions February 2002, Art. N° 66649

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