A PYMNTS Company

Spain: Aviation fuel suppliers cleared for takeoff

By  |  April 1, 2013

Spain’s competition authority, the CNC, has announced its approval for oil firm DISA to acquire joint control over SHELL subsidiary Shell Aviation España, which provides aviation fuel. DISA will buy a 50 percent stake in Shell Aviation after modifications made by DISA concerning commitments to prevent anticompetitive issues. The commitments pertain to DISA’s fixed transport and storage operations for the fuel in the Canary Islands, the transportation of that fuel, as well as additional concessions. The deal was first submitted to the CNC last September.

 

Full Content: CNC

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.