SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Latest in Investments
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bulgaria's Aresgas seeks antitrust nod to acquire Atlas Utilities

Jan 25, 2021, 12:00:00 AMArticle by Aleksia Petrova
share
January 25 (SeeNews) - Bulgarian natural gas distribution company Aresgas is seeking the approval of the Commission for Protection of Competition (CPC) to acquire 100% of local Atlas Utilities, the anti-trust regulator said on Monday.

Bulgaria's Aresgas seeks antitrust nod to acquire Atlas Utilities
Author: Ilya. Licence: Creative Commons.

Through the deal, Aresgas will acquire an indirect shareholding interest in Atlas Utilities' unit Primgas, the competition authority said in a statement.

Atlas Utilities is majority owner of gas distributor Primgas, which is active on the territory of the coastal municipality of Varna. Atlas Utilities is active in the construction of pipe installations for the needs of Primgas.

According to Aresgas' notification, the transaction is not expected to have an impact on the respective product and geographical markets in the country, the CPC said.

Interested parties have until February 1 to file their statements regarding the transaction.


Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.