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PesquisAdC
CCENT/2011/48
Case details
Print
Merger control
Case reference
CCENT/2011/48 - BIC / BPN
Acquiring
BANCO BIC PORTUGUÊS, S.A.
Description
Company active in the financial sector.
Acquired
Banco Português de Negócios, S.A.
Description
Company active in the financial sector.
Sector
Banking, Financial and Insurance activities
Activity (NACE)
K6419 - Other monetary intermediation
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
BdP - Bank of Portugal
CMVM - Securities Market Commission
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over BPN by BIC
Timeline
2012-01-24
2011-12-23
Publication of the announcement
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