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Europe Daily Bulletin No. 10590

6 April 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
Talanx and Meiji Yasuda buy up Warta (Poland)

Brussels, 05/04/2012 (Agence Europe) - On 4 April 2012, the European Commission gave the go-ahead to the joint acquisition of Polish insurance company Towarzystwo Ubezpieczeñ i Reasekuracji Warta S.A by two other insurance companies: Talanx International AG of Germany and Meiji Yasuda Life Insurance of Japan. The Commission concluded that the planned deal would not raise competition concerns because of the merged entity's moderate market position and the presence of strong competitors....

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