Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
The Competition Authority approves the St1's Statoil Fuel & Retail Marine acquisition
June 21, 2018

The Competition Authority approves the St1 acquisition of the fuel company Statoil Fuel & Retail Marine from the competitor Circle K, but requires St1 to sell any assets. The Authority said in March that it considered taking action against the competition in the market, but St1 will comply with more requirements, and thus it will go through. "We have been worried that reduced competition will increase the cost of companies demanding marine gas oil" says Lars Sørgard, Competition Director.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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