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Image header Agence Europe
Europe Daily Bulletin No. 9973
Contents Publication in full By article 20 / 33
GENERAL NEWS / (eu) eu/competition

09/09/2009 (Agence Europe) - On Tuesday 8 September, the European Commission approved the proposed acquisition of Monabanq, a French online bank currently controlled by 3 Suisses International, by Banque Fédérative du Crédit Mutuel S.A., also of France. The Commission examination of the proposed transaction showed that the horizontal overlaps between the activities of Crédit Mutuel and Monabanq were limited, in particular due to the limited market shares of Monabanq. The Commission...

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