TNBiz (TNBiz)
Markets  |  December 03, 2012 18:05:06

European Commission clears Rewe buy Exim Tours travel agency


BRUSSELS (MEDIAFAX) - The European Commission on Monday approved the acquisition of the German group Rewe Exim Holding, which includes the leading Czech travel agency Exim Tours. She said the AFP.

The European Commission has found that the combination of the two companies will have on tourism affects only marginal and thus impede competition.

Rewe thus acquires 51 percent stake in Exim Holding.

Rewe operates in the Czech Republic and Penny discount chain supermarket chain Billa.

Martin commas carek@mediafax.cz

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Evropská komise povolila Rewe koupit cestovku Exim Tours

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