Edition 1462
10 February 2018
Edition: 1462

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

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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.

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Edition 1462
10 February 2018
Edition: 1462

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

Twitter

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