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Europe Daily Bulletin No. 10434

5 August 2011
GENERAL NEWS / (ae) eu/competition
Clearance for acquisition of Nateus by Bâloise

Brussels, 04/08/2011 (Agence Europe) - On Thursday 4 August, the European Commission cleared the acquisition of insurance company Nateus of Belgium by rival Bâloise of Switzerland (insurance, pension solutions, banking services), which operates in several European countries. Although the activities of the two parties overlap in Belgium, especially in the transport sector, the investigation revealed that combined market shares of the parties will remain moderate and that a range of other...