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Image header Agence Europe
Europe Daily Bulletin No. 10127
Contents Publication in full By article 21 / 23
GENERAL NEWS / (eu) eu/competition

State Street Corp. acquisition of two Intesa Sanpaolo subsidiaries approved

Brussels, 27/04/2010 (Agence Europe) - On Monday 26 April, the European Commission cleared the proposed acquisition of Intesa Sanpaolo Servizi Transazionali S.p.A. and Sanpaolo Bank S.A., two subsidiaries of the Italian Intesa Sanpaolo banking group, by the US-based State Street Corporation.

Intesa Sanpaolo Servizi Transazionali and Sanpaolo Bank are active, in Italy and Luxembourg respectively, in global custody services, fund administration services and selected ancillary services such as...

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