A PYMNTS Company

Allianz to acquire property division of French insurance co.

By  |  July 24, 2012

The European Commission approved Allianz’s purchase of property and casualty brokerage-related activities of Gan Eurocourtage of Groupama. Before clearing the deal, the authority investigated possible anticompetitive outcomes in the non-life insurance and assistance services market in France, and concluded that since the market share increase was negligible and plenty of competitors existed, the transaction raised no competition concerns.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: Reuters

     

    Related content: Partial Acquisitions: Recent MOFCOM Action Suggests Possible Divergence With U.S. Standards

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.