The Finnish Competition Authority clears a merger subject to remedies in the hotel accommodation market (Scandic / Restel)

The FCCA approves Scandic’s acquisition of Restel, with conditions* Today, the FCCA has approved the acquisition of Restel Hotellit Oy by Scandic Hotels Oy, with conditions. As a condition for the approval of the sale, the FCCA obliged Scandic to sell one hotel in Pori, Lahti and Kuopio to its competitors. In addition, Scandic has undertaken not to acquire two new hotels planned for Lappeenranta and two planned for Vantaa. Scandic and Restel

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Finnish Competition Authority, The Finnish Competition Authority clears a merger subject to remedies in the hotel accommodation market (Scandic / Restel), 5 décembre 2017, e-Competitions December 2017, Art. N° 85522

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