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Image header Agence Europe
Europe Daily Bulletin No. 7633
Contents Publication in full By article 22 / 63
GENERAL NEWS / (eu) eu/competition

Commission clears Generali's acquisition of INA subject to important commitments taken by Generali (insurance, Italy)

Brussels, 13/01/2000 (Agence Europe) - The European Commission has approved the merger between the Italian insurance companies Generali and INA, on the basis of commitments taken by Generali for limiting its dominant position on the Italian life insurance market. These commitments bring the Generali/INA market share below the 30% in this sector.

  • Generali has undertaken to sell its shares in: i) the insurance company Fondiaria (in order to avoid risks of agreement); ii) life insurance...

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