The German Competition Authority clears a merger subject to remedies in the rail sector (CIT Rail / VTG Rail Assets)

Rail wagon leasing companies may merge subject to condition precedent* The Bundeskartellamt has cleared the acquisition of CIT Rail Holdings (Europe) S.A.S. by VTG Rail Assets GmbH subject to a condition precedent. The companies may only implement the merger once they have sold a substantial part of the target company to an independent third

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German Competition Authority, The German Competition Authority clears a merger subject to remedies in the rail sector (CIT Rail / VTG Rail Assets), 21 March 2018, e-Competitions Bulletin Transport (rail), Art. N° 86592

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