The CNMC cleared 11 mergers in October* All but one were approved in the first phase and without commitments, as they did not pose problems for competition in the affected markets. The Hefame/Cofarcu merger was approved in the first phase with commitments. The sectors affected by these corporate transactions were the following: pharmaceutical manufacturing, passenger air transport, insurance, reinsurance, pension funds and electricity production, among others. Madrid, 10 October 2022.- The CNMC approved a total of 11 mergers between companies in October. All of them were approved in the first phase and without commitments, with the exception of the Hefame/Cofarcu operation, which required a series of
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