Independent journal on economy and transport policy
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Ok of the Spanish Antitrust to the acquisition of the control of the terminalista group Noatum Ports by Chinese COSCO Shipping Ports
the green light has reached in the within of the first phase of examination of the notification
September 1, 2017
The Spanish Authority Antitrust has given the go-ahead free to the acquisition of 51% of the share capital of the terminalista group Spanish Noatum Ports by the terminalista group Chinese COSCO Shipping Ports that will happen through branch COSCO Shipping Ports - Spain - Ltd. ( on 12 June 2017).
The Comisión Nacional de los Mercados y Competencia (CNMC) has approved of the project, notified 2nd August, in the first phase of examination, that it has the maximum duration of a month, period within which the Antitrust decides if the operation can be authorized person, with or free and clear, or if it must be analyzed in detailed way more because of the problems that can create relatively to the competition.
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