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EC set to raise objections over Wind-3 Italia deal - report

Thursday 28 April 2016 | 12:01 CET | News
The European Commission is preparing to publish a statement of objections to the proposed merger of Wind and 3 Italia, the Italian subsidiaries of VimpelCom and Hutchison Whampoa, according to unnamed sources cited by Bloomberg. The statement, to be issued in June, will set out a series of antitrust concerns over the EUR 21.8 billion merger, said the sources. Although the publication of a statement of objections doesn't mean the transaction will be blocked, the EC is likely to ask both companies to agree to a series of strict conditions designed to protect competition, such as the sale of

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Hutchison Whampoa / Vimpelcom / Wind
Countries: Italy
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