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PesquisAdC
Ccent/2018/40
Case details
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Merger control
Case reference
Ccent/2018/40 - Banco CTT / 321 Crédito
Acquired
321 Crédito, Instituição Financeira de Crédito, S.A.
Description
Company active in the financial sector.
Acquiring
Banco CTT, S.A.
Description
Company active in the financial sector.
Sector
Banking, Financial and Insurance activities
Activity (NACE)
K6492 - Other credit granting
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
The notified concentration consists of the acquisition of sole control over 321 Crédito by Banco CTT
Timeline
2018-10-11
2018-09-21
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