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Image header Agence Europe
Europe Daily Bulletin No. 8942
Contents Publication in full By article 17 / 45
GENERAL NEWS / (eu) eu/competition

Aviva allowed to take over RAC

Brussels, 04/05/2005 (Agence Europe) - The European Commission has cleared under the EU Merger Regulation the proposed acquisition by public bid of RAC plc (“RAC”), a roadside assistance provider, by the UK insurance group Aviva plc (“Aviva”). After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in European market.

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