The EU Commission approves, subject to remedies, a merger between two German companies active in the insurance and banking services sectors (Allianz / Dresdner)

"Merger control: main developments between 1 May and 31 August 2001"* Following remedies offered by the parties concerned, the Commission on 19 July gave the go-ahead for the Allianz insurance group to take over Dresdner Bank. The Commission’s investigations focused on the consequences of the creation of a strong ‘bancassurance’ group and the impact of the planned takeover on the relationship between

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Authors

  • DG Economic and Financial Affairs (ECFIN) (Brussels)
  • DG COMP (Brussels)
  • Financial Conduct Authority (London)

Quotation

Kay Parplies, Carina Joergensen, Neil Marshall, The EU Commission approves, subject to remedies, a merger between two German companies active in the insurance and banking services sectors (Allianz / Dresdner), 19 July 2001, e-Competitions July 2001, Art. N° 38996

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