The Norwegian Competition Authority approves a merger in the point of sale electronic payments sector, subject to behavioural remedies (BBS / Teller)

The operation On 2 January 2007, the Norwegian Competition Authority (NCA) was notified of the planned acquisition of Teller AS (“Teller Target”) by Bankenes BetalingsSentral AS (BBS). The acquisition was to be made through a special subsidiary company of BBS, carved out of its existing operations and established for the merger transaction, called ‘BBS Handel og Varekjøp' (“BBS HoV”). The merged businesses were to be renamed Teller AS (“New Teller”). BBS is a supplier of electronic ID services, payment and information

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  • Bull Årstad (Stavanger)

Quotation

Espen Trædal, The Norwegian Competition Authority approves a merger in the point of sale electronic payments sector, subject to behavioural remedies (BBS / Teller), 5 July 2007, e-Competitions Financial services, Art. N° 22225

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