EU Clears Suez-GdF Merger

摘要

As widely expected,the European Commission on Tuesday approved the merger of France's Suez and Gaz de France(GdF),creating a ?79 billion(101 billion)global energy and LNG giant,though not without strings.The commission said the merger as originally proposed back in February"would have anti-competitive effects"in the Belgian energy and French gas markets(WGI Mar.1,p2).But it ruled that remedies recently offered - including the future divestment of Belgian gas marketer Distrigas and power firm SPE,plus Suez's majority stake in Belgian gas grid Fluxys - had smoothed over such concerns.