Brussels, 23/12/2009 (Agence Europe) - On Tuesday 22 December, the European Commission cleared the proposed acquisition of most of the activities of Société Générale Asset Management (SGAM), a business division of the French-based Société Générale group, by Crédit Agricole Group, also based in France.
The proposed merger would bring together two leading French suppliers of asset management active in a number of European and other countries. The Commission's examination of the...