Global Trade Alert
Global Trade Alert

Spain: Government grants FDI authorisation to Andbank España to acquire Bank Degroof Petercam Spain

Announcement

04 Aug 2020

In August 2020, the Council of Ministers of Spain authorised the Andorra-owned company “Andbank España” to acquire the Spanish company “Bank Degroof Petercam Spain”.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

04 Aug 2020

Revocation date:

No revocation date

Announced: 04 Aug 2020
FDI: Entry and ownership rule In force
On 4 August 2020, the Council of Ministers of Spain approved the decision of the Ministry of Industry, Trade and Tourism to authorise the Andorra-owned company “Andbank España” to acquire 100% of the ...
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