Brief: European Commission Clears Acquisition Of Universo IME By Sonae And Bankinter

Sonae SGPS SA

30/08/2023 06:52

Aug 30 (Reuters) - European Commission:
    * SAID ON TUESDAY IT APPROVED ACQUISITION OF JOINT CONTROL
OF
UNIVERSO IME BY SONAE SGPS, BOTH OF PORTUGAL, AND BANKINTER
CONSUMER FINANCE OF SPAIN
    * CONCLUDED PROPOSED ACQUISITION WOULD RAISE NO COMPETITION
CONCERNS, GIVEN LIMITED HORIZONTAL OVERLAPS AND VERTICAL LINKS
BETWEEN ACTIVITIES OF SONAE AND BKCF IN EUROPEAN ECONOMIC AREA

        
 Source text: https://tinyurl.com/2p8rwvwp;  urn:newsml:reuters.com:*:nFWN3622J0
 

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