The Spanish Competition Authority authorizes two concentrations in the banking and insurance sectors related to a previously approved merger (Bankia / Caixabank)

Competition Authority, Spanish

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27 Sep 2021

The Spanish Competition Authority authorizes two concentrations in the banking and insurance sectors related to a previously approved merger (Bankia / Caixabank)

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Reference

Spanish Competition Authority , Bankia / Caixabank, Press release, 27 September 2021

The CNMC has authorized two concentrations in phase 1 without commitments related to the CAIXABANK/BANKIA merger approved on 23 March 2021 (See Spanish Competition Authority, The Spanish Competition Authority clears a merger between the third and fourth-largest banks in the country subject to conditions (Bankia / Caixabank), 23 March 2021, e-Competitions February 2021, Art. N° 99838): the acquisition by CAIXABANK of exclusive control of BANKIA Mapfre Vida (BMV), over which it already had joint control, and the change of control over BANKIA's

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Spanish Competition Authority
Spanish Competition Authority (CNMC) (Madrid)

Spain 126 contributions 27976 visits

Quotation

Spanish Competition Authority, The Spanish Competition Authority authorizes two concentrations in the banking and insurance sectors related to a previously approved merger (Bankia / Caixabank), 27 September 2021, e-Competitions September 2021, Art. N° 102537

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