Swiss Life: EU approves JV with AB Sagax
(CercleFinance.com) - The European Commission has approved the creation of a joint venture by AB Sagax, of Sweden, and Swiss Life Investment Management Holding AG ('Swiss Life'), of Switzerland.
The transaction mainly concerns the leasing of real estate to third parties in Finland.
The Commission concluded that the notified operation would not raise competition concerns, given the limited combined market position of the companies resulting from the proposed transaction.
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