COMMISSION FOR THE PROTECTION OF COMPETITION

The Service of the Commission for the Protection of Competition received on behalf of the companies Sinergatiki Pistotiki Etairia Frenarou-Acheritou and Sinergatiki Pistotiki Etairia Derynias notification of a proposed concentration according to Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99), concerning an agreement by which Sinergatiki Pistotiki Etairia Derynias will transfer all of its assets and liabilities to Sinergatiki Pistotiki Etairia Frenarou-Acheritou. The name of the new company will be Periferiaki Sinergatiki Pistotiki Etairia Ammochostou.

Sinergatiki Pistotiki Etairia Frenarou-Acheritou main activities concentrate in the banking sector.

Sinergatiki Pistotiki Etairia Derynias main activities also concentrate in the banking sector.