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Europe Daily Bulletin No. 9163

30 March 2006
Contents Publication in full By article 24 / 42
GENERAL NEWS / (eu) eu/competition
Commission approves acquisition of BNL by BNP Paribas

Brussels, 29/03/2006 (Agence Europe) - On 28 March, the Commission approved the proposed acquisition of the Italian banking group Banca Nazionale del Livorno (BNL) by BNP Paribas (BNPP), concluding that the operation would not significantly impede effective competition in the European Economic Area (EEA)or any substantial part of it. BNPP is a French banking and financial group active internationally in three main areas: financing and investment, retail banking and asset management. BNL is...

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