MERGERS: AMO SR initiated the administrative proceedings in the matter of a merger of the undertakings KBC Group N.V. and OTP Banka Slovensko, a.s.

11.03.2020
On 9 March the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter “the Office”) initiated the administrative proceedings in the matter of a merger, which according to the merger notification is grounded in the acquisition of indirect exclusive control of the undertakings KBC Group N.V., Belgium (which in the SR operates also through the undertaking Československá obchodná banka, a.s., Bratislava) over the undertaking OTP Banka Slovensko, a.s., Bratislava.  

Sector:
K 64.19 Other monetary intermediation

Third parties, namely natural and legal persons may submit their comments, objections and information on notified mergers to the Office. We request the third parties to submit their comments to the Office as soon as possible following the publishing of notification what may allow the Office to deal with these comments in the first phase of assessment of notified merger with respecting the legal periods.
Last update:11.03.2020