GERMAN-SWEDISH MERGER

KEITH NUTHALL
THE EUROPEAN Commission has authorised the takeover of Berlin district heating and electricity company Berliner Kraft-und Licht Aktiengesellschaft, (Bewag), by the diversified Swedish energy group Vattenfall AB, which also supplies heating services. Via the deal, Vattenfall will acquire full ownership and control over Bewag. The Commission cleared the purchase having concluded that it would not harm competition in the European Union energy market. Vattenfall has interests Nordic countries, Germany and Poland; Bewag mainly trades in Germany, ...


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