On 31 October 2008, the European Commission (Commission) approved the proposed acquisition of Esso Portuguesa, Esso Española and a part of ExxonMobil Petroleum & Chemical (three subsidiary businesses of the ExxonMobil Corporation of the US) by Galp Energia of Portugal. The Commission raised concerns that the proposed acquisition could give rise to competition concerns in a number of product markets in Portugal where Galp already held significant market shares. To resolve these issues, Galp offered to divest a sea terminal serving as a LPG bottling plant, a storage facility for liquid fuels and LPG, a blending plant for lubricants and certain Esso shareholdings in airport joint ventures and other assets for into-plane operations in Portuguese airports. These divestment commitments have resolved the competition concerns identified.