Press Release: Mergers: Commission clears proposed acquisition of Saar Ferngas AG by the ArcelorMittal group

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the German natural gas supplier and gas transportation network operator, Saar Ferngas AG (SFG), by Arcelor Luxembourg S.A. (Arcelor), a subsidiary of the ArcelorMittal group, also based in Luxembourg. The Commission’s investigation found that the proposed transaction would not impede effective competition in the European Economic Area (EEA) or any substantial part of it.