16/04/2008 (Agence Europe) - On Wednesday 16 April, the European Commission cleared the proposed acquisition of the Hungarian insurance company OTP Garancia by the French insurance and banking group Groupama. The Commission concluded that the operation would not significantly impede effective competition in the European Economic Area (EEA) or in any substantial part of it. Groupama provides insurance related services and banking activities across the EU. OTP Garancia is active in life and...