BRUSSELS (Thomson Financial) - The European Commission said it has restarted
its in-depth inquiry into StatoilHydro ASA.'s proposed acquisition of JET's
Scandinavian petrol stations from U.S. group ConocoPhillips.
The commission's deadline to rule on the deal is November 12.
The inquiry was suspended on June 25 due to a request for more information.
The Norwegian oil company will acquire 39 new stations in Norway, and 72 and
163 in Denmark and Sweden respectively.
No financial details were disclosed.
nina.chestney@thomsonreuters.com
nc/rfw
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|