Anti-trust body approves takeover of OMV Petrom's Petromar X Zone ops by GSP Offshore
Thursday, August 22, 2019
Romania's anti-trust regulator said on Monday it has approved the takeover by local company GSP Offshore of some operations and related assets of X-Petromar production zone owned by OMV Petrom's [BSE:SNP]. "Following a review of the transaction, the Competition Council found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening of a dominant position," the ...