The Czech Competition Authority clears a merger of four entities in the gas sector, subject to a behavioural remedy (Prague Municipality / RWE / Ruhrgas / PP)

KEYWORDS
Reference

Czech Competition Office, Prague municipality, RWE, Ruhrgas, PP, Decision No. S26/00-1062/00-210, 4 July 2000 (Czech)

The operation The proposal submitted by the parties contained description of the operation. However, many substantial aspects of the transactions remain undisclosed being a business secret. According to the available information, Prague Municipality ("PM"), RWE Energie Aktiengesellschaft ("RWE") and Ruhrgas Energie Beteiligungs-Aktiengesellschaft ("Ruhrgas") acquired joint control over Pražská plynárenská, a.s. ("PP") by establishing a new company Pražská plynárenská holding ("PPH") and transferring its shares and voting rights in PP on it. Under the operation PPH gained a controlling stake in PRE. PM, RWE and GESO would also jointly control PP through their joint control over PPH. Although PM itself is

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Clifford Chance (Prague)
    Czech Republic 13 contributions 30251 visits

Quotation

Petr Zákoucký, The Czech Competition Authority clears a merger of four entities in the gas sector, subject to a behavioural remedy (Prague Municipality / RWE / Ruhrgas / PP), 4 July 2000, e-Competitions July 2000, Art. N° 20916

Visites 3516

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues