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Anjum Shabbir
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24th January 2020
Competition & State Aid

Capital decision for merger between Aquila Capital, Daiwa Securities and Aquila Holding

The Commission has approved the acquisition of German Aquila Capital Holding GmbH (asset and investment manager) by the Japanese Daiwa Securities Group Inc. (financial services company) and German Aquila Holding GmbH (privately-owned holding company).

It was the Commission’s view that limited horizontal overlaps and vertical links between the activities of the companies meant that no competition concerns emerged.

The Commission’s press release offers more information.

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