The French Competition Authority clears a merger subject to remedies between two gas providers in the intermediate and large-bulk LPG market (UGI France / Totalgaz)

THE AUTORITÉ DE LA CONCURRENCE CLEARS, SUBJECT TO CONDITIONS, THE ACQUISITION OF TOTALGAZ BY UGI FRANCE, THE PARENT COMPANY OF ANTARGAZ * Among the commitments discussed and negotiated with the Autorité, UGI shall, in particular, be obliged to divest its stakes in the capital of several LPG import and storage depots. The European Commission referred back to the French Autorité de la concurrence review of the acquisition of the company Totalgaz SAS (hereinafter "Totalgaz"), a subsidiary of the Total group, by UGI France, the parent company of Antargaz. Antargaz and Totalgaz are both present in France on the markets for bottled LPG, fuel LPG and LPG sold in mini-bulk (for

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French Competition Authority, The French Competition Authority clears a merger subject to remedies between two gas providers in the intermediate and large-bulk LPG market (UGI France / Totalgaz), 15 mai 2015, e-Competitions May 2015, Art. N° 73725

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