The Portuguese Competition Authority clears a merger in the insurance sector with remedies including divestiture (Caixa Seguros/HNC-BCP Seguros)

KEYWORDS
Reference

Portuguese Competition Authority (PCA), CAIXA SEGUROS/NHC (BCP SEGUROS), CCent. No. 28/2004, 30 11 2005

The operation The operation consists in the acquisition of sole control over four companies operating the insurance business (which are currently owned by SEGUROS E PENSÕES GERE, holding of BANCO COMERCIAL PORTUGUÊS GROUP for the insurance sector) by Caixa Seguros SGPS, S.A. (Caixa Seguros) - Caixa Geral de Depósitos holding for the same sector. Those Companies are IMPÉRIO BONANÇA - Companhia de Seguros (Império Bonança), S.A.,

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.