The European Commission is poised to give regulatory approval to the EUR72 million merger between Suez abd Gaz de France, following a last round of concessions by the two French groups.
The Financial Times citing several people familiar with the deal said on Monday that “though no formal decision has been made, the Brussels antitrust regulator has drafted a ruling approving the tie-up provided the two groups meet pre-agreed conditions.”
The draft decision was last week sent to national competition authorities, which have to be consulted on Commission anti-trust decisions but cannot veto the regulator’s verdicts.