AXA: Commission clears acquisition of Atalante
(CercleFinance.com) - The European Commission has approved, under the EU Merger Regulation, the acquisition of Atalante by AXA, both based in France.
Atalante operates in the management of portfolios and financial instruments. The transaction concerns asset management markets, including active management and management for institutional and professional clients.
The Commission concluded that the proposed acquisition would not raise competition concerns as the overlaps between the companies' activities are limited.
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Atalante operates in the management of portfolios and financial instruments. The transaction concerns asset management markets, including active management and management for institutional and professional clients.
The Commission concluded that the proposed acquisition would not raise competition concerns as the overlaps between the companies' activities are limited.
Copyright (c) 2022 CercleFinance.com. All rights reserved.