{"id":500,"date":"2024-06-13T06:35:45","date_gmt":"2024-06-13T06:35:45","guid":{"rendered":"https:\/\/ofero.news\/?p=500"},"modified":"2024-06-13T06:35:45","modified_gmt":"2024-06-13T06:35:45","slug":"ec-clears-sale-of-alpha-bank-romania-to-unicredit","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=500","title":{"rendered":"EC clears sale of Alpha Bank Romania to UniCredit"},"content":{"rendered":"<p>The European Commission has approved, under the EU merger regulation, the takeover of the local bank Alpha Bank Romania SA by the Italian banking group UniCredit.<\/p>\n<p>&#8220;The Commission concluded that the transaction does not raise competition concerns, given the limited market positions of the companies resulting from the proposed transaction. The transaction was examined under a simplified merger review procedure,&#8221; reads the press release of the Community Executive, quoted by <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/financiar\/comisia-europeana-a-aprobat-preluarea-alpha-bank-romania-de-catre-unicredit-21627291?mc_cid=d00101ba9e&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Profit.ro<\/a>.<\/p>\n<p>The merger between UniCredit Bank SA and Alpha Bank Romania SA will create the third largest bank on the local market, with a combined market share of 12% in terms of total assets.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">Cristi Croitoru\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The European Commission has approved, under the EU merger regulation, the takeover of the local bank Alpha Bank Romania SA by the Italian banking group UniCredit. &#8220;The Commission concluded that the transaction does not raise competition concerns, given the limited market positions of the companies resulting from the proposed transaction. The transaction was examined under [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-500","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=500"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/500\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}