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Denmark: The Danish Competition Council approves Jyske Bank A/S’ acquisition of BRF kredit A/S

On 30 April 2014 the Danish Competition Council (DCC) approved Jyske Bank A/S´ (Jyske Bank) proposed acquisition of mortgage lender BRF kredit A/S (BRF). The DCC finds that the transaction will not harm competition and that it might strengthen BRF’s position on the Danish market for mortgage loans to private customers.