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Anjum Shabbir
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29th January 2020
Competition & State Aid

All set for acquisition of SET

Approval has been granted by the Commission for the proposed acquisition of joint control over the Turkish STEAG Enerji Ticareti ve Hizmetleri A.Ş. (SET) (an energy company) by the German STEAG GmbH (an international energy company) and Turkish Ordu Yardimlasma Kurumu (a private pension fund). The decision was based on the acquisition having limited impact on the EEA market.

Click here to read the Commission’s press release.

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