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Europe Daily Bulletin No. 8738

1 July 2004
Contents Publication in full By article 25 / 37
GENERAL NEWS / (eu) eu/competition
Commission authorises UNIQA's acquisition of Mannheimer

Brussels, 30/06/2004 (Agence Europe) - The Commission has just authorised an operation in the insurance sector, allowing the Austrian group UNIQA to increase its stake in the German group Mannheimer from 20% to 87%. The Commission feels that this is unlikely to harm competition, as both groups are active in different Member States, and there is only a very slight overlap. UNIQA has a strong presence in Austria in the field of heath insurance, from which Mannheimer has withdrawn. For other...

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