The Federal Anti-Trust Service (FAS) decided to satisfy a request made by Cendonbridge Global Limited (Cyprus) seeking permission to acquire entities that make up Europlan Group.
As the anti-trust authority reported, acquiring a 100% voting stake in Europlan Holdings Limited, the buyer will gain control over joint stock company Europlan (a leasing services provider), insurance company Europlan, Pomestije (a wholesaler), Europlan Insurance, Europlan Club (advisory services related to commercial activities and management), Europlan Leasing Payments and Crown KD (food wholesaling).
The applicant will also buy Europlan Bank. "Following the purchase by Cendonbridge Global Limited of a 100% voting stake in Europlan Holdings Limited, the applicant will also gain the rights to determine terms of entrepreneurial activities carried out by Europlan Bank and Europlan Auto," FAS said in a press release.
To remind, last Friday B&N Group shareholders signed an agreement to buy 100% of Europlan Group.
