November 2007
Utility Week;11/23/2007, Vol. 28 Issue 7, p26
Trade Publication
The article reports on the opposition of the European Commission to new laws enacted by Hungary to defend Hungarian utility MOL against a takeover bid. The new law says that, for companies of strategic importance in the energy and water sectors, any takeover bid must include approval for an operational plan. The Commission has also opposed plans for the Hungarian Energy Office to appoint a member to major energy companies' boards of directors.


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