The Independent reports on the MOL and OMV battle in two articles (the second one definitely worth to read!):

Probe restarts into Austro-Hungarian battle

The European Commission has relaunched its competition investigation into a possible $20bn (£10bn) hostile takeover by OMV, the Austrian energy major, of Mol, its Hungarian peer.


Competition Commissioner Neelie Kroes suspended… see more at Independent

Now what becomes of the open market?

An Austro-Hungarian takeover battle is testing the EU’s policies on competition and protectionism. Mark Leftly reports from Brussels

A $20bn hostile take-over involving oil and gas majors from Austria and Hungary is threatening to wreck the European Union’s open-market ideal. This is a bitterly contested plan that has angered leading figures in the European Parliament and European Commission, and divided … see more at Independent



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: