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Image header Agence Europe
Europe Daily Bulletin No. 10238
Contents Publication in full By article 28 / 38
GENERAL NEWS / (eu) eu/competition

Banco Santander acquisition of RBS assets approved

Brussels, 18/10/2010 (Agence Europe) - Having established that the transaction would not significantly impede effective competition in the European Economic Area, on Friday 15 October the European Commission authorised the acquisition of a number of retail and commercial banking assets of the Royal Bank of Scotland (RBS) in the UK by Banco Santander of Spain.

These assets consist of RBS branch-related retail and small and medium sized-enterprise (SME) business in England and Wales, NatWest...

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