Commission clears acquisition of 365.bank by KBC

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of 365.bank, a.s. (‘365.bank') of Slovakia by KBC Group N.V. of Belgium, which controls KBC Bank N.V. (‘KBC'). The transaction relates primarily to the Slovak retail and corporate banking markets. The Commission concluded that the notified transaction would not raise […]