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Swiss Life: EU approves acquisition of Gaité Bureaux

(CercleFinance.com) - Under EU Merger Regulations the European Commission has approved the acquisition of joint control of SCI Gaité Bureaux (Gaité), based in France, by NBRE Germany, based in Norway, and Swiss Life, based in Switzerland.


The transaction mainly concerns the office real estate asset management market.

The Commission has concluded that the notified proposed concentration would not raise competition concerns, given the limited market position of the companies concerned resulting from the proposed transaction.


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