Banque Postale-CNP Assurances, CDC-La Poste deals both get unconditional approval in France
( December 30, 2019, 15:50 GMT | Official Statement) -- MLex Summary: Banque Postale, a subsidiary of the French state-controlled postal group, today obtained an antitrust waiver for its takeover of private insurance group CNP Assurances. Additionally, state-controlled public-investment institution Caisse des Dépôts et Consignations received the green light for the sole control of mail-delivery incumbent La Poste. The French watchdog considers there is no risk of harm to competition, as there are sufficient competitors in the banking and insurance sectors.Statement follows in French....
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