Brussels, 13/03/2008 (Agence Europe) - On 11 March, the European Commission cleared the proposed acquisition of UBI Vita, the life insurance branch of UBI S.c.p.a. by Aviva Italia Holding S.p.A. both of Italy. The Commission's examination of the proposed transaction showed that the horizontal overlaps between the activities of Aviva Italia and UBI Vita would not result in high market shares on any market. Furthermore, the combined firm would continue to face several strong, effective...