The EU Commission clears a merger subject to remedies in the retail and wholesale fuels markets (Statoil Fuel / Shell)

Mergers: Commission approves Statoil Fuel and Retail's takeover of Shell's Dansk Fuels, subject to conditions* The European Commission has approved under the EU Merger Regulation the proposed acquisition of Shell's Danish retail and wholesale fuels business, Dansk Fuels, by Alimentation Couche-Tard of Canada, which operates in Denmark under the Statoil brand via its subsidiary Statoil Fuel and Retail ("SFR") The decision is conditional upon an extensive commitments package including the divestment of over 200 petrol stations and Shell's commercial fuels business. The Commission had concerns that the merger as initially notified could have led to higher prices for fuel, diesel, gasoline and light heating oil customers in Denmark. The commitments offered by the companies address these

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European Commission, The EU Commission clears a merger subject to remedies in the retail and wholesale fuels markets (Statoil Fuel / Shell), 23 March 2016, e-Competitions Bulletin Energy & Mergers, Art. N° 78891

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