05/01/2005 (Agence Europe) - The European Commission has granted clearance to the acquisition of joint control of Hanseatic Bank, Germany by French bank Société Générale (SG) and Otto GmbH & Co KG of Germany. Hanseatic Bank is a German bank which is only active in Germany, mainly in the area of consumer credit, residential real estate financing and factoring of receivables. SG is a universal bank active in Germany in the areas of corporate and investment banking, asset based and vendor...