Brussels, 15 January 2025
The EU Commission has approved, under the EU Merger Regulation, the acquisition of sole control of UniCredit CNP Vita by UniCredit, both of Italy. UniCredit CNP Vita was previously jointly controlled by UniCredit and CNP Assurances of France.
The transaction relates primarily to the insurance sector.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction and the limited impact on the market structure. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11805.