The Board of Directors of the Competition Authority "decide to adopt a decision not to oppose the concentration operation" in question, "as it is not likely to create significant obstacles to effective competition in the national market or in a substantial part of it".

Sonae Sierra is the holding company of an international group whose activity is related to the development, investment and management of shopping centres and other real estate assets intended for commercial activities and also the provision of investment, development and real estate management services.