M/07/049 – LBBW/ Sachsen LB
Transaction details
The proposed acquisition of control of Landesbank Sachsen Girozentrale by Landesbank Baden-Wurttemberg.
| Notification date | Decision date |
|---|---|
| Thursday August 30, 2007 | Monday, September 10, 2007 |
| Parties Involved | Business activities |
|---|---|
| Landesbank Baden-Württemberg | The central bank for savings banks in the German federal State of Baden-Württemberg. LBBW also acts as a full service bank in Germany and as an international business bank. |
| Landesbank Sachsen Girozentrale | The central bank for savings banks in the German Federal State of Saxony. The bank also acts as a bank in Germany and has involvement in international markets |
| Economic sector | Media merger |
|---|---|
| The wholesale banking sector, in particular relating to global financial products markets. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Saturday, September 8, 2007 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cormac Keating | 01 - 804 5453, cwk@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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