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

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

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

  • University of East Anglia

Quotation

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 Bulletin October 2009, Art. N° 29363

Visites 2578

All issues

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