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Allianz Obtains EU Clearance for Purchase of Payment Services Company Ingenico

MT Newswires·09/14/2026 06:24:25
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06:24 AM EDT, 09/14/2026 (MT Newswires) -- Allianz (ALV.F) secured approval from the European Commission for its acquisition of Poseidon Holdco, d/b/a Ingenico Group. The regulator said Monday the German insurer's purchase of the French payment services company would not raise competition concerns in the bloc as the companies do not operate in the same or vertically related markets.