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Europe Daily Bulletin No. 8010

20 July 2001
Contents Publication in full By article 24 / 57
GENERAL NEWS / (eu) eu/competition
Commission authorises merger between Allianz and Dresdner Bank (Germany)

Brussels, 19/07/2001 (Agence Europe) - The European Commission announced that it would be authorising the merger between the German bank Allianz and the third largest German private bank Dresdner Bank on express condition that the two groups reduce ties that have with the insurance-bank Munchener Ruck. Together, Allianz and Dresdner Bank hold 31.3% of this grouping (a little more than 24% for Allianz and around 7% for Dresdner Bank). They have undertaken to reduce this stake to 20.5% by the...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT