M/13/001 – BlackRock / CS ETF Business
Transaction details
The proposed acquisition of Credit Suisse’s exchange traded fund businessᅠby BlackRock, Inc.ᅠhas been cleared byᅠthe Competition Authority.
| Notification date |
Decision date |
| Friday February 8, 2013 |
Thursday, May 9, 2013 |
| Parties Involved |
Business activities |
| BlackRock, Inc. |
BlackRock is active in the provision of global investment management, risk management and advisory services to institutional and retail clients around the world.
|
| Credit Suisse AG (on behalf of CS ETF Business) |
In Ireland, CS ETF Business offers 46 ETF products covering a wide variety of equity, fixed income and money market indices in developed and emerging markets.
|
| Economic sector |
Media merger |
| Asset management |
No |
| Submissions from third parties due by: |
| Phase 1 |
Phase 2 |
| Monday, February 18, 2013 |
|
| Date of Requirement for Information |
Date Information Received |
| Wednesday, March 6, 2013 |
Wednesday, March 6, 2013 |
| Current status: Completed |
|
Cleared (Phase 1) |
| Authorised Officer Assigned |
Contact Details |
| Elaine Cahill |
Tel: 01-804 5482, email: ec@tca.ie
|
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