EU clears acquisition of Austria's Valida, RZB

0 Comment(s)Print E-mail Xinhua, August 27, 2015
Adjust font size:

The European Union (EU) on Thursday approved under the bloc's merger regulation the acquisition of Valida by Raiffeisen Zentralbank Osterreich (RZB), both Austrian companies.

RZB is the central institution of the Raiffeisen Banking Group Austria which is active in financial services. Valida offers company pension plans in Austria.

EU concluded that the case would not raise competition concerns "because the companies' activities do not overlap." Endit

Follow China.org.cn on Twitter and Facebook to join the conversation.
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter