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Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2004/1 - PORTUGAL TELECOM, SGPS, S.A. / PREVISÃO, SGFP, S.A.
Acquiring
Portugal Telecom, SGPS, S.A
Description
Private equity management firm.
Acquired
Previsão, SGFP, S.A.
Description
Company active in the management of pension funds industry sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K65 - Insurance, reinsurance and pension funding, except compulsory social security
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Conglomerate
Cooperation with sector regulators
  • ASF - Insurance and Pension Fund Supervisory Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of sole control over PREVISÃO, SGFP, S.A. by PORTUGAL TELECOM, SGPS, S.A.
Timeline
2004-02-16
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