3 December 2008
European Commission gives green light to rail cargo deal
The proposed merger between Rail Cargo Austria and Hungarian MÁV Cargo has been cleared by the European Commission, subject to divestment of structural links to a smaller player active on both markets. Despite initial concerns, the Commission was persuaded of the synergy potential of the transaction following an extended Phase I investigation. RBB advised RCA throughout the investigation, alongside lawyers Eisenberger & Herzog and Hunton & Williams.