The EU Commission conditionally clears an acquisition in the insurance sector (Vienna Insurance Group / Erste Bank)

Mergers: main developments between 1 May and 31 August 2008* On 17 June the Commission decided to approve, subject to conditions, the proposed acquisition by Vienna Insurance Group (VIG) of the insurance subsidiaries of Austria’s Erste Bank. Vienna Insurance Group is an international insurance group based in Austria providing both life and non-life insurance in Austria as well as in Central and Eastern Europe. Erste

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Authors

  • JG Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission conditionally clears an acquisition in the insurance sector (Vienna Insurance Group / Erste Bank), 17 June 2008, e-Competitions June 2008, Art. N° 37686

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