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    Home > Chemicals Industry > International Chemical > The EU approves the M&A of two local energy companies in Italy

    The EU approves the M&A of two local energy companies in Italy

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    Recently, the European Commission has approved the acquisition of an Italian energy company Edison into a local gas supplier
    .

    The EU approves the M&A of two local energy companies in Italy

    The acquired company is Gas Natural Vendita Italia, which is currently owned
    by Gazprom International.

    The European Commission said the deal did not raise competition concerns because the two companies have limited market presence and overlap in their businesses
    .
    After the merger and acquisition, other strong vendors still dominate the market
    .

    Recently, the European Commission has approved the acquisition of an Italian energy company Edison into a local gas supplier
    .

    Merger

    The EU approves the M&A of two local energy companies in Italy

    The EU approves the M&A of two local energy companies in Italy

    The acquired company is Gas Natural Vendita Italia, which is currently owned
    by Gazprom International.

    The European Commission said the deal did not raise competition concerns because the two companies have limited market presence and overlap in their businesses
    .
    After the merger and acquisition, other strong vendors still dominate the market
    .

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