Karatzas & Partners has advised doValue S.p.A. (www.dovalue.it) which is active, inter alia, in the markets of management of non-performing loans and exposures in a number of Europeancountries, in obtaining merger clearance from the Hellenic Competition Commission (HCC) for the envisaged acquisition of sole control over “Eurobank FPS Loans and Credits Claim Management Company S.A.”, a Greek loan servicing company licensed by the Bank of Greece under Law 4354/2015 for the acquisition and servicing of receivables from loans and credits and a wholly-owned subsidiary of Eurobank.

The concentration was cleared unconditionally by the HCC on April 15, 2020. This is the first concentration relating to the market of management of NPLs and NPEs and its neighbouring markets in Greece that has been notified to and examined by the HCC and required a thorough analysis and assessment of the characteristics of the relevant markets and the competition conditions in such markets.

For more information click here