Edition 1453
09 December 2017
Edition: 1453

Read this week's issue online exactly as it appears in print.

Twitter

EU approves Santander takeover of Banco Popular

in Business · 10-08-2017 14:19:00 · 0 Comments

The European Commission has approved, under the EU Merger Regulation, Banco Santander’s proposed acquisition of Banco Popular.

The Commission concluded that the transaction would not raise competition concerns in the European Economic Area.
Banco Santander and Banco Popular are universal banks, providing commercial, retail investment and wholesale banking services as well as insurance services in Spain and Portugal.
The Commission investigated the transaction’s impact on the markets for retail and corporate banking, leasing, factoring and the provision of ATM services in the Portuguese and Spanish national and regional markets.

Comments

Be the first to comment on this article

Interactive Topics, send us your comments/opinion on this article.


Please enter the letters as they are
shown in the image.
Letters are not case-sensitive.
Edition 1453
09 December 2017
Edition: 1453

Read this week's issue online exactly as it appears in print.

Twitter