The Commission has approved under the EU Merger Regulation the acquisition of joint control over North Sea Group Beheer B.V. by two Dutch companies - Reggeborgh Invest B.V. and Argos Energy Group B.V.

The Commission concluded that the proposed transaction would not raise competition concerns because of the parties' relatively moderate market shares and the presence of a number of credible competitors in the markets concerned.

Despite the proposed transaction's impact on hori...

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