login
login

Europe Daily Bulletin No. 9849

27 February 2009
Contents Publication in full By article 24 / 26
GENERAL NEWS / (eu) eu/competition
Commission clears acquisition of Cofidis by Crédit Mutuel

Brussels, 26/02/2009 (Agence Europe) - On Wednesday 25 February, the European Commission cleared the proposed acquisition of consumer credit company Cofidis by the retail banker and insurer Crédit Mutuel. Both companies are based in France. According to a Commission press release, the horizontal overlaps are limited to the consumer credit markets in France and Belgium, where market share for the new entity is not of a high enough proportion to worry Commission competition authorities. A...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS