Wintershall, Engie, Gazprom, OMV, Shell, Uniper withdraws merger plans

Wintershall, Engie, Gazprom, OMV, Shell, Uniper withdraws merger plan

10:34 AM, 16th August 2016
Wintershall, Engie, Gazprom, OMV, Shell, Uniper withdraws merger plans

KASSEL, GERMANY: Wintershall Holding GmbH, a wholly-owned subsidiary of BASF SE, Engie SA, Gazprom, OMV AG, Royal Dutch Shell plc and Uniper have decided to jointly withdraw their merger control notification from the Polish competition authority.

All the applicants believe that the project is crucial for the European energy system and each of them will therefore individually contemplate alternative ways to contribute to it.

The applicants’ decision to withdraw the notification will not affect the continuation by Nord Stream 2 AG of the construction of the Nord Stream 2 pipelines as planned, including its scheduling.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Scientists capture neon in an organic environment for the first time

CAMBRIDGE, UK: In a new study, researchers from the Cambridge Crystallographic Data Centre (CCDC) and the US Department of Energy’s (DOE’s ...

Read more
Researchers illuminate sulfides’ roles in the body

PULLMAN, US: For the first time, researchers at Washington State University (WSU) have created an injectable compound or probe that illuminates hydrog ...

Read more
Lonza acquires nutritional ingredients manufacturer for $300 mn

BASEL, SWITZERLAND: Lonza Group has agreed to acquire InterHealth Nutraceuticals Inc (InterHealth), a leader in research, development, manufacture and ...

Read more
Praxair in talks to acquire Linde: source

DANBURY, US/ MUNICH, GERMANY: Praxair Inc is in talks to acquire German’s company Linde AG and create the biggest company in their sector with a ...

Read more
KBR to acquire Honeywell’s government services provider for $266 mn

HOUSTON, US: KBR Inc has entered into a definitive agreement to acquire Honeywell Technology Solutions Inc (HTSI), a leading professional, technical a ...

Read more
KAP Industrial acquires South African manufacturer for $ 300 mn

JOHANNESBURG, SOUTH AFRICA: KAP Industrial Holdings Ltd has acquired Safripol (Pty) Ltd, the South Africa-based manufacturer of polypropylene and high ...

Read more