The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Itínere Infraestructuras, S.A. (“Itínere”) of Spain by Swiss Life Holding AG (“Swiss Life”) of Switzerland and APG Asset Management N.V. (“APG”) of the Netherlands. The operation mainly concerns the management and operation of toll concessions. The Commission has concluded […]
The Commission decides to refer SPAIN to the Court of Justice of the European Union for failing to implement taxation rules set out by the Merger Directive
The European Commission decided to refer Spain to the Court of Justice of the European Union for failure to ensure correct implementation of the Merger Directive on the common system of taxation applicable to Member States (Directive 2009/133/EC). The objective of the Merger Directive is to remove fiscal obstacles to cross-border reorganisations involving companies situated in two […]