Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Cartel Authorities to Block Haspa Deal, FT Deutschland Says

Feb. 28 (Bloomberg) -- Plans by Hamburger Sparkasse to buy a 25.1 percent stake in Kreissparkasse Herzogtum Lauenburg will be blocked this week by Germany’s cartel authorities, Financial Times Deutschland said, citing a person familiar with the matter.

The cartel office will block the transaction on fears the bank may dominate the market in some areas after the transaction, the newspaper said.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.