BRUSSELS (AFX) - The European Commission said that E.ON AG notified its bid to acquire Endesa SA earlier this morning and that a decision deadline of Apr 25 has been set.
At the end of this initial probe, the commission can decide to clear the deal, conditionally clear the deal or open an in-depth probe lasting up to four months of there are serious competition concerns.
In some cases, the commission may also refer the deal to a national competition authority. lorna.hutchinson@afxnews.com lh/jsa/lh/joy COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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