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Europe Daily Bulletin No. 12611

28 November 2020
ECONOMY - FINANCE - BUSINESS / Competition
Conditional approval for joint acquisition of Covage by Altice, Allianz and Omers
Brussels, 27/11/2020 (Agence Europe)

On Friday 27 November, the European Commission cleared under the EU Merger Regulation the proposed acquisition of Covage by SFR TFFH, a company jointly controlled by Altice, Allianz and Omers. The approval is conditional on full compliance with a commitments package offered by Altice,Allianz andOmers.

Margrethe Vestager, Executive Vice-President responsible for Competition Policy, said it was “important for local authorities to have alternative suppliers for the construction and...

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