Portuguese Competition Authority Clears Selena and IGM Merger
The Portuguese competition authority has issued a decision of non-applicability for the merger between Selena and IGM, confirming it does not require prior notification.
04.02.2026 | Portuguese competition authority
On February 4, 2026, the Board of Directors of the Portuguese Competition Authority (AdC) made a significant ruling regarding the merger between Selena and IGM.
The decision was based on the authority's interpretation of the Competition Law, specifically Article 50, which allows for a decision of inapplicability when a merger does not meet the criteria for prior notification.
According to the ruling, the merger does not fall under the obligation of prior notification as outlined in Article 37 of the Competition Law, thus streamlining the process for the involved parties.
