Press Release: Mergers: Commission approves acquisition of Belgian insurer Nateus by Bâloise of Switzerland

The European Commission has cleared under the EU Merger Regulation the acquisition of insurance company Nateus of Belgium by rival Bâloise of Switzerland.

The parties' activities overlap in particular with regard to the provision of transport insurance in Belgium. The Commission's examination showed that their combined market shares in this market were moderate and that a range of other insurance companies will competitively constrain the merged company.