Abertis: EU authorises takeover by Atlantia.
(CercleFinance.com) - The European Commission has approved the proposed acquisition of Abertis by Atlantia.
The Commission has come to the conclusion that the merged entity would continue to face effective competition in the markets concerned. It considers that the proposed transaction would not pose any competition concerns in these markets, as other large competitors operate therein.
Commissioner Margrethe Vestager, in charge of competition policy, said: "Together, Atlantia and Abertis would be the largest toll motorway operator not only in Europe but also in the world. We can approve the transaction because our analysis under EU merger control found that the European markets for motorway concessions will remain competitive".
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The Commission has come to the conclusion that the merged entity would continue to face effective competition in the markets concerned. It considers that the proposed transaction would not pose any competition concerns in these markets, as other large competitors operate therein.
Commissioner Margrethe Vestager, in charge of competition policy, said: "Together, Atlantia and Abertis would be the largest toll motorway operator not only in Europe but also in the world. We can approve the transaction because our analysis under EU merger control found that the European markets for motorway concessions will remain competitive".
Copyright (c) 2017 CercleFinance.com. All rights reserved.