Latvian competition watchdog launches inquiry into merger

  • 2016-11-02
  • BNS/TBT Staff
The Latvian Competition Council will look into the merger of DNB and Nordea banks in the Baltic States, the competition watchdog said. The Council has to make a decision to approve or ban the takeover, or whether to approve it on certain binding conditions in a month after receiving the takeover statement. The Estonian Competition Authority has not yet received a merger announcement from the banks, spokesperson for the competition watchdog Maarja Uulits reported. The approval of the Latvian Competition Council is required where the total turnover of the parties t...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section