Author (Corporate) | European Commission: DG Communication |
---|---|
Series Title | Press Release |
Series Details | IP/08/1556 (21.10.08) |
Publication Date | 21/10/2008 |
Content Type | News |
The European Commission approved under the EU Merger Regulation the proposed acquisition of ConocoPhillips' network of 'Jet' fuel stations in Scandinavia by StatoilHydro of Norway following an in-depth investigation opened in May 2008. To gain approval, StatoilHydro has committed to divest all 40 'Jet' fuel stations in Norway and a network of 158 fuel stations in Sweden operating under the 'Jet', 'Hydro' and 'Uno-X' brands. In the light of this commitment, the Commission concluded that the proposed transaction would not cause competition concern in the European Economic Area (EEA) or any substantial part of it. |
|
Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1556&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Norway, Sweden |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)