Competition Authority Rules That Limak Investment's Acquisition of a Stake in Baren Energy Does Not Require Approval

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Competition Authority Rules That Limak Investment's Acquisition of a Stake in Baren Energy Does Not Require Approval

The Competition Authority decided that the acquisition of a certain percentage of shares of Baren Energy by Limak Investment Energy does not require approval. The decision stated, "It has been determined that the acquisition of a certain percentage of shares of Baren Energy Production Industry and Trade Inc. by Limak Investment Energy Production Operating Services and Construction Inc. does not require approval."