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Crédical, Socalfi submit merger plans to New Caledonia's competition regulator

( January 6, 2020, 23:29 GMT | Official Statement) -- MLex Summary: A subsidiary of French multinational bank Société Générale, Crédical, has submitted plans to acquire New Caledonia-based Socalfi to the territory's competition regulator. L'Autorité de la Concurrence de la Nouvelle-Calédonie announced this week that it had received the application for clearance on Oct. 31 and has set a Jan. 27 deadline for submissions on the deal. The full statement, in French, from the Competition Authority of New Caledonia is attached below. ...

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