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CAR FINANCE MERGER CLEARED.

Transport Europe, July, 2007

Content provided in partnership with HighBeam Research

The European Commission authorised, on 29 June, the acquisition by French firm RCI Banque of RFS Limited of the UK. RCI finances consumer and commercial car purchases for Renault, Nissan and Dacia in several member states. RFS does the same thing in the UK only. The deal was cleared under the simplified procedure. (RMI)

 

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