“European Commission Clears AXA Seguros Generales’ Acquisition of GACM España”

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(CercleFinance.com) – The European Commission has cleared under EU Merger Regulation the acquisition of GACM Espaa by AXA Seguros Generales, both Spanish. Spain as well as hospital services in Barcelona and Cantabria.

The Commission concluded that the proposed acquisition would not raise any competition concerns, given the moderate combined market positions of the companies resulting from the transaction and the very limited vertical links between the companies’ activities. under the normal merger review procedure.

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