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Takeover of Spanish fiber network Lyntia by AXA, SLAM and Sorolla wins EU approval

( November 15, 2022, 12:34 GMT | Official Statement) -- MLex Summary: Axa, Swiss Life Investment and Sorolla Investment have won European Commission clearance for their plans to take over independent optic-fiber operator Lyntia, the watchdog said today. The authority found that the deal wouldn't raise competition concerns, citing a lack of overlaps between the companies' activities. The office also concluded that the vertical relationships don't pose a risk of foreclosure of access to Lyntia's optic fiber.Statement follows. ...

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