The European Commission announces that it has approved the creation of a joint venture by BNP Paribas Fortis NV/SA (BNPPF) and AG Insurance NV/SA (AGI), both based in Belgium.

The transaction mainly concerns the market for the sale of used vehicles to private individuals via an online platform.

The Commission concluded that the proposed acquisition would not raise competition concerns given the joint venture's limited activities in the European Economic Area.


Copyright (c) 2023 CercleFinance.com. All rights reserved.