PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2018/21 - Banco Santander / Wizink
Acquired
Assets Wizink
Description
Assets active in the payments sector (card issuer).
Acquiring
BANCO SANTANDER TOTTA, S.A.
Description
Company active in the financial sector.
Sector
  • Banking, Financial and Insurance activities
Activity (NACE)
  • K6419 - Other monetary intermediation
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
  • BdP - Bank of Portugal
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
The notified concentration consists of the acquisition of sole control over Wizink by Banco Santander
Timeline
2018-05-24
2018-05-04
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