{"id":7095,"date":"2025-09-22T14:14:44","date_gmt":"2025-09-22T13:14:44","guid":{"rendered":"https:\/\/core-attorneys.com\/?p=7095"},"modified":"2025-11-11T15:09:26","modified_gmt":"2025-11-11T14:09:26","slug":"weko-und-eu-kommission-genehmigen-geplante-fusion-von-helvetia-und-baloise","status":"publish","type":"post","link":"https:\/\/core-attorneys.com\/en\/news-insights\/weko-und-eu-kommission-genehmigen-geplante-fusion-von-helvetia-und-baloise\/","title":{"rendered":"COMCO and European Commission approve planned Merger between Helvetia and Baloise"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7095\" class=\"elementor elementor-7095\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"has_eae_slider elementor-section elementor-top-section elementor-element elementor-element-5e192929 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-eae-slider=\"18871\" data-id=\"5e192929\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-328c9e8\" data-eae-slider=\"19589\" data-id=\"328c9e8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1457845 elementor-widget elementor-widget-image\" data-id=\"1457845\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"825\" height=\"495\" src=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2025\/11\/20250918-Gruenes-Licht-der-Wettbewerbsbehoerden-fuer-Helvetia-Baloise-Fusion.jpg\" class=\"attachment-full size-full wp-image-7094\" alt=\"\" srcset=\"https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2025\/11\/20250918-Gruenes-Licht-der-Wettbewerbsbehoerden-fuer-Helvetia-Baloise-Fusion.jpg 825w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2025\/11\/20250918-Gruenes-Licht-der-Wettbewerbsbehoerden-fuer-Helvetia-Baloise-Fusion-300x180.jpg 300w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2025\/11\/20250918-Gruenes-Licht-der-Wettbewerbsbehoerden-fuer-Helvetia-Baloise-Fusion-768x461.jpg 768w, https:\/\/core-attorneys.com\/wordpress\/wp-content\/uploads\/2025\/11\/20250918-Gruenes-Licht-der-Wettbewerbsbehoerden-fuer-Helvetia-Baloise-Fusion-18x12.jpg 18w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_eae_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a76e28a\" data-eae-slider=\"60910\" data-id=\"a76e28a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99081b4 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"99081b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">WEKO und EU-Kommission genehmigen geplante Fusion von  Helvetia und Baloise<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f29e2b elementor-widget elementor-widget-post-info\" data-id=\"5f29e2b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-685ec73 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-tags\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">Competition<\/span>, <span class=\"elementor-post-info__terms-list-item\">News<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d50ae70 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>22.09.2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-ec6c601 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-custom\">\n\t\t\t\t\t\t\t\t\t\tMario Strebel, Fabian Koch\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d17332b elementor-widget elementor-widget-text-editor\" data-id=\"4d17332b\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-4d17332b{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6fdab6 elementor-widget elementor-widget-text-editor\" data-id=\"e6fdab6\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>.elementor-element-e6fdab6{display:none !important}<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bcb7c3 elementor-widget elementor-widget-text-editor\" data-id=\"0bcb7c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"231\" data-end=\"634\"><strong>According to press releases issued by Helvetia and Baloise on 12 September 2025 and by the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a> on 5 August 2025, the two Swiss insurance companies have received merger control clearance from both the <a href=\"https:\/\/www.weko.admin.ch\/weko\/en\/home.html\" target=\"_blank\" rel=\"noopener\">Swiss Competition Commission (COMCO)<\/a> and the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a> for their planned merger. Completion of the transaction is scheduled for 5 December 2025, subject to remaining approvals.<\/strong><\/p><p data-start=\"636\" data-end=\"991\"><strong>Background<\/strong><\/p><p data-start=\"636\" data-end=\"991\">In April 2025, Helvetia and Baloise announced their intention to merge, aiming to create the second-largest insurance group in Switzerland. The combined company will operate in seven European countries, which also required approval from the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a>. Shareholders of both companies had already approved the merger in May 2025.<\/p><p data-start=\"993\" data-end=\"1451\"><strong>Assessment by the competition authorities<\/strong><\/p><p data-start=\"993\" data-end=\"1451\">According to statements by Baloise and Helvetia, both the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a> and <a href=\"https:\/\/www.weko.admin.ch\/weko\/en\/home.html\" target=\"_blank\" rel=\"noopener\">COMCO<\/a> have cleared the transaction under merger control, finding that it raises no competition concerns. Both approvals were granted in so-called Phase I proceedings, i.e. without an in-depth investigation. In addition, the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a> completed its review under the Foreign Subsidies Regulation (FSR) without objections.<\/p><p data-start=\"1453\" data-end=\"1728\"><strong>Assessment<\/strong><\/p><p data-start=\"1453\" data-end=\"1728\">The planned merger will result in a strong combined presence in the Swiss insurance market. However, given the relatively high intervention thresholds in Swiss merger control and the existing level of competition, the approvals come as no surprise.<\/p><p data-start=\"1730\" data-end=\"2129\">The FSR review by the <a href=\"https:\/\/commission.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">European Commission<\/a> also highlights the growing relevance of this relatively new regulatory framework for internationally active Swiss companies. Beyond market dominance, foreign subsidies are increasingly being considered, which adds regulatory complexity and underscores the need for early and strategically coordinated transaction planning by companies and their advisors.<\/p><p data-start=\"1730\" data-end=\"2129\">The company announcement from Helvetia can be found <a href=\"https:\/\/www.helvetia.com\/corporate\/web\/en\/home\/media\/publications\/media-releases\/2025\/20250912.html\" target=\"_blank\" rel=\"noopener\">here<\/a>, and the one from Baloise <a href=\"https:\/\/www.baloise.com\/en\/home\/news-stories\/news\/media-releases\/2025\/baloise-and-helvetia-secure-further-approvals-setting-stage-for-planned-merger-to-close-in-december-2025.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p><article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-690b1ce8-bae4-8331-a209-a4e157641459-6\" data-testid=\"conversation-turn-24\" data-scroll-anchor=\"true\" data-turn=\"assistant\"><div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\"><div class=\"flex max-w-full flex-col grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"7d4aa982-906b-4ed2-be5e-43445402a889\" data-message-model-slug=\"gpt-5\"><div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\"><div class=\"markdown prose dark:prose-invert w-full break-words light markdown-new-styling\"><p data-start=\"0\" data-end=\"88\" data-is-last-node=\"\" data-is-only-node=\"\">The European Commission\u2019s notice is available <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/mex_25_1943\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/article>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0b3fb0 elementor-widget elementor-widget-text-editor\" data-id=\"c0b3fb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-no-translation=\"\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>CORE Attorneys is a boutique law firm in Switzerland, focusing on <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/wettbewerbsrecht\/\">competition\/antitrust law<\/a>, <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/regulierung\/\">regulatory<\/a> and <a href=\"https:\/\/core-attorneys.com\/en\/expertise\/vertriebsrecht\/\">distribution law<\/a> matters. Visit our <a href=\"https:\/\/core-attorneys.com\/en\/news-insights\/\">News &amp; Insights<\/a> and follow us on <a href=\"https:\/\/www.linkedin.com\/company\/core-attorneys\">LinkedIn<\/a> for regular updates on all our focus areas.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Gem\u00e4ss Mitteilungen von Helvetia und Baloise vom 12. September 2025 sowie der EU-Kommission vom 5. August 2025 haben die beiden Schweizer Versicherungsunternehmen sowohl die Genehmigung der Schweizerischen Wettbewerbskommission WEKO als auch der EU-Kommission f\u00fcr ihren geplanten Zusammenschluss erhalten. Der Vollzug&#8230;<\/p>","protected":false},"author":1,"featured_media":7094,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"WEKO und EU-Kommission genehmigen geplante Fusion von Helvetia und Baloise","_seopress_titles_desc":"WEKO und EU-Kommission genehmigen geplante Fusion von \r\nHelvetia und Baloise","_seopress_robots_index":"","footnotes":""},"categories":[10,9],"tags":[703,421,705,701,707,702,710,709,708,706,39,704,424],"class_list":["post-7095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competition","category-neuigkeiten","tag-baloise","tag-eu-kommission","tag-fsr","tag-fusion","tag-genehmigung","tag-helvetia","tag-marktstellung","tag-pruefung","tag-transaktion","tag-versicherung","tag-weko","tag-wettbewerbsrecht-fusionskontrolle-eu","tag-zusammenschluss"],"_links":{"self":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/7095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/comments?post=7095"}],"version-history":[{"count":13,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/7095\/revisions"}],"predecessor-version":[{"id":7108,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/posts\/7095\/revisions\/7108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media\/7094"}],"wp:attachment":[{"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/media?parent=7095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/categories?post=7095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/core-attorneys.com\/en\/wp-json\/wp\/v2\/tags?post=7095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}