The European Commission has approved the merger between Nordea and DNB banks in the Baltic States, the representatives of the two banks announced.
They said that DNB and Nordea had received unconditional clearance from the European Commission to combine their operations in Estonia, Latvia and Lithuania.
"The European Commission approved unconditionally the creation of a joint venture between Nordea Bank and DNB Bank in the Baltic States. The Commission assessed the possible competitive effects of the merger on a number of distinct retail and corpor...
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