The Hellenic Competition Commission conditionally clears in Phase II a merger in the retail market for petrol and diesel (BP Hellas / Hellenic petroleum)

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Hellenic Competition Commission, BP Hellas - Hellenic Petroleum, 22 October 2009

On 10 July 2009, Hellenic Petroleum notified the Hellenic Competition Commission (HCC) of its intention to purchase a controlling share of BP Hellas SA. The acquisition is said to cost Hellenic Petroleum € 359 M. This acquisition includes the entire network of BP facilities in Greece, including storage facilities, supply networks for commercial and industrial sales, and some 1,200 service stations throughout the country. The acquisition does not include BP Hellas's operations relating to aviation fuel, lubricants or solar energy. After an initial analysis of the proposed acquisition, the HCC found that the concentration would

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  • University of East Anglia (Norwich)
    United Kingdom 29 contributions 25734 visits

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Andreas Stephan, The Hellenic Competition Commission conditionally clears in Phase II a merger in the retail market for petrol and diesel (BP Hellas / Hellenic petroleum), 22 October 2009, e-Competitions October 2009, Art. N° 29363

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