Deva Capital Investment's Purchase of Novares Group Wins EU Nod

06:27 AM EST, 12/09/2025 (MT Newswires) -- Banco Santander (SAN.MC, BNC.L) unit Deva Capital Investment's takeover of France-based Novares Group secured the European Commission's approval, according to a Tuesday notice. The regulator noted that the deal, which concerns the design and production of components and systems for the automotive market, would not raise competition concerns due to the companies not being active in the same or vertically related markets.