Press Release: Mergers: Commission approves proposed acquisition of Berre Refinery by Basell

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Series Details IP/08/180 (04.02.08)
Publication Date 04/02/2008
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On 04 February, 2008, the European Commission cleared under the EU Merger Regulation the proposed acquisition of the refinery Compagnie de Distribution des Hydrocarbures SAS (Berre Refinery) of France, currently controlled by Royal Dutch Shell plc. (Shell) of the UK/Netherlands, by Basell Polyéthylène SAS (Basell) of Luxembourg, belonging to Access Industries (Access) of the US. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/180&format=HTML&aged=0&language=EN&guiLanguage=en
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