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Europe Daily Bulletin No. 7926

19 March 2001
Contents Publication in full By article 33 / 47
GENERAL NEWS / (eu) eu/competition
Commission authorises Toro Assicurazioni to buy Lloyd Italico

Brussels, 19/03/2001 (Agence Europe) - The European Commission authorised the planned acquisition, from the British group Royal & Sun Alliance, of the Italian insurance companies Lloyd Italico Assicurazioni (Li Assicurazioni) and Lloyd Italico Vita by Toro Assicurazioni. Controlled by the Fiat Group, the latter provides life and non-life insurance products in Italy and, to a lesser extend, re-assurance. The companies bought are also active in life and non life insurance, but on a small scale...

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