Tech

Commission approves the acquisition of European telecom company by UAE firm

The European Commission approved the acquisition of Amsterdam-based PPF Telecom by United Arab Emirates firm e&, subject to conditions.

Content-Type:

News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.

In a bid to prevent e& from further benefiting from unlimited state aid, the Commission demands that e& articles of association "do not deviate from ordinary UAE bankruptcy law." [T. Schneider / Shutterstock]

Théophane Hartmann Euractiv 24-09-2024 12:41 2 min. read Content type: News Euractiv is part of the Trust Project
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Updated: 01-10-2024

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