M/11/034 – Investec / Evolution
Transaction details
The proposed acquisition by Investec plc of sole control of Evolution Group plc has been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Friday October 14, 2011 | Thursday, November 3, 2011 |
| Parties Involved | Business activities |
|---|---|
| Evolution Group plc | In Ireland, Evolution provides financial services through WdB Assetmaster Management Co Limited, a company incorporated in Ireland, and wholly owned subsidiary of Williams de Broe Limited. |
| Investec plc | Investec is an international, specialist bank and asset manager that provides a diverse range of financial products and services to niche clients in three principle geographic regions: the UK, Australia and South Africa as well as certain other countries/regions. |
| Economic sector | Media merger |
|---|---|
| Financial services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, October 24, 2011 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Elisa Ryan | Tel: 01-804 5446, email: er@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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