PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2016/37 - SIBS /Ativos Unicre
Acquired
Assets Redunicre
Description
Assets operational in the merchant acquiring business.
Acquiring
SIBS SGPS, S.A.
Description
Private equity management firm.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6499 - Other financial service activities, except insurance and pension funding n.e.c.
Applicable legislation
Art. 37(1)(b) and (c) (Law 19)
Notification thresholds
Combined and Turnover thresholds
Type of merger
Vertical
Cooperation with sector regulators
  • BdP - Bank of Portugal
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Withdrawn
Case description
The notified concentration consists of the acquisition of sole control over Ativos Unicre by SIBS
Timeline
2017-07-20
The AdC announced that the procedure initiated to assess the Merger SIBS / Ativos Unicre has been withdrawn.
2016-12-12
Phase I Decision
2016-09-08
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