Generali: Commission authorises acquisition of JVCo
(CercleFinance.com) - Pursuant to EU merger regulations, the European Commission has cleared the acquisition of joint control of a newly created joint venture (JVCo) by CDP Venture Capital and Generali Welion, both of which are Italian.
JVCo will provide residential and recreational services to the elderly, as well as welfare and assistance services.
The Commission concluded that the proposed transaction would not pose any competition concerns due to the absence of overlaps between the companies' activities.
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JVCo will provide residential and recreational services to the elderly, as well as welfare and assistance services.
The Commission concluded that the proposed transaction would not pose any competition concerns due to the absence of overlaps between the companies' activities.
Copyright (c) 2021 CercleFinance.com. All rights reserved.