DG Comp takes Italian ferry merger to Phase II

Thursday, 19 January 2012

DG Comp has opened a Phase II investigation of Tirrenia/CIN
The European Commission has opened an in-depth investigation of the proposed acquisition of Italian ferry company Tirrenia by joint venture Compagnia Italiana di Navigazione (CIN), a transaction complicated by a state-aid probe and a cartel investigation of some of the buyers.

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