PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
CCENT/2006/15 - BCP/BPI
Acquiring
BCP
Description
Company active in the financial/banking sector.
Acquired
BPI
Description
Company active in the financial industry sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K64 - Financial service activities, except insurance and pension funding
  • K65 - Insurance, reinsurance and pension funding, except compulsory social security
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Horizontal
Cooperation with sector regulators
  • ASF - Insurance and Pension Fund Supervisory Authority
  • BdP - Bank of Portugal
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over BPI by BCP
Timeline
2007-03-16
2006-07-14
Phase I Decision
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