Costa Rica: Coopenae-Coopeande merger notified to Coprocom, Conassif review pending

Costa Rica's competition authority (Coprocom) has received formal notification of a merger by absorption between cooperatives Coopenae and Coopeande. The financial regulator Conassif will now evaluate the transaction, which consolidates two major financial cooperatives in the country. The outcome will shape the competitive landscape of Costa Rica's cooperative banking sector.

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