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Europe Daily Bulletin No. 8111

13 December 2001
Contents Publication in full By article 26 / 41
GENERAL NEWS / (eu) eu/competition
Yes to acquisition of NCM by Gerling (credit insurance)

Brussels, 12/12/2001 (Agence Europe) - The Commission has approved the takeover of the Dutch credit insurance company NCM Holding by German insurance company Gerling-Konzern Versicherungs-Beteiligungs, specialised in the provision of services to companies. Gerling is currently the third largest European credit insurer and NCM the fourth, after German ALLIANZ and French COFACE. Although the activities of the parties are geographically complementary, the Commission has noted serious...

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