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Fairfax gets EC approval to buy AIG's Romanian, Bulgarian business

The European Commission said on Tuesday it has approved the acquisition of the insurance business of the American International Group (AIG) in Bulgaria and Romania by Canada-based Fairfax Financial Holdings, seenews.com reports. "[...] the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement," the Commission said in a filing. In ...

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