Case details

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Merger control
Case reference
CCENT/2011/14 - CNP*CNP BVP / Carteira de Seguros Alico
Acquired
American Life Insurance Company
Description
Assets operational in the insurance sector.
Acquiring
CNP Barclays Vida y Pensiones, Compañia de Seguros, S.A.
Description
Company active in the insurance sector.
Acquiring
CNP Vida Seguros y Reaseguros, S.A.
Description
Company active in the insurance sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6511 - Life insurance and others complementary activities of social security
  • K6512 - Non-life insurance
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Horizontal
Cooperation with sector regulators
  • ASF - Insurance and Pension Fund Supervisory Authority
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over Carteira de Seguros Alico by CNP*CNP BVP
Timeline
2011-05-13
2011-04-15
Publication of the announcement
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