Press Release: Merger: Commission authorises proposed acquisition of 50Hertz by Elia and Industry Funds Management

The European Commission authorised on 10 May 2010 the proposed acquisition of joint control over the German transmission system operator 50Hertz Transmission GmbH by Elia System Operator SA/NV of Belgium and Industry Funds Management Pty Ltd (IFM) of Australia , under the EU Merger Regulation. The Commission concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

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