Press Release: Mergers: Commission approves joint acquisition of HDI Poland by Talanx and Meiji Yasuda Life Insurance

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over two Polish insurance companies HDI Asekuracja S.A and HDI-Gerling Życie S.A by Talanx International AG and Meiji Yasuda Life Insurance Company, respectively a German and a Japanese insurer. The two acquired companies are currently solely controlled by Talanx. The Commission concluded that the transaction would not raise competition concerns because the merged entity would continue to face a number of strong competitors.