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Europe Daily Bulletin No. 8006

14 July 2001
Contents Publication in full By article 25 / 48
GENERAL NEWS / (eu) eu/competition
Commission initiates in-depth investigation into merger between Swedish banks SEB and FSB

Brussels, 13/07/2001 (Agence Europe) - On 12 July, the European Commission initiated an in-depth investigation into the planned merger between ForeningsSparbanken AB (FSB) and Skandinaviska Enskilda Banken AB (SEB). The operation would lead to the emergence of the largest financial establishment in Sweden. The initial investigation revealed that it would lead to the creation or strengthening of dominant positions on several banking markets in Sweden, notably that of services offered to...

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