The EU Commission conditionally clears an acquisition in the electricity and gas sectors (RWE / Essent)

"Mergers: main developments between 1 May and 31 August 2009"* On 23 June 2009 the Commission cleared the proposed acquisition of Essent of the Netherlands by RWE of Germany. Both companies are active in the electricity and gas sectors. The Commission’s decision is conditional upon RWE‘s commitment to divest Essent‘s controlling shareholding in Stadtwerke Bremen AG (swb). RWE agreed to this divestment to remedy competition concerns the Commission

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  • JG Associates (Brussels)

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John Gatti, The EU Commission conditionally clears an acquisition in the electricity and gas sectors (RWE / Essent), 23 June 2009, e-Competitions Bulletin Energy & Mergers, Art. N° 37596

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