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Europe Daily Bulletin No. 8579

6 November 2003
Contents Publication in full By article 38 / 42
GENERAL NEWS / (eu) eu/competition
Green light to merger between Vidacaixa and Swiss Life EspaƱa

Brussels, 05/11/2003 (Agence Europe) - The European Commission has decided to approve the operation between Vidacaixa and Swiss Life EspaƱa (SLE), belonging to Swiss Life Insurance and Pension Company Holding. The operation will be executed through Vidacaixa's purchase of SLE for around EUR 55 million. Both Vidacaixa and SLE are active in the provision of different modalities of life and non-life insurance and re-insurance services. Whilst Vidacaixa operates on an EU basis, SLE is...

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