Swiss Life: EU approves joint venture with AB Sagax – 06/01/2025 at 12:15
(CercleFinance.com) – The European Commission announces that it has approved the creation of a joint venture by AB Sagax, of Sweden, and Swiss Life Investment Management Holding AG (“Swiss Life”), of Switzerland.
The transaction mainly concerns the rental of real estate to third parties in Finland.
The Commission concluded that the notified transaction would not raise competition concerns, taking into account the limited combined market position of the companies resulting from the proposed transaction.
