M/20/003 – Link Group/Pepper
The proposed acquisition of sole control of Pepper Europe (UK) Limited, Pepper Europe Investment UK Limited, Pepper Ireland Finance Holdings Limited, Pepper Cyprus Holdings Limited, Pepper (UK) Limited and Pepper Spanish Services SL (“Pepper”) by Link Group Administration Limited, has been notified to the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Monday February 10, 2020|
|Parties Involved||Business activities|
Link Group Administration Limited is a 100% owned subsidiary of Link Administration Holdings Limited, a publicly listed company on the Australian Stock Exchange. Link Group is a multinational provider of technology-led financial administration solutions (e.g., pension and fund administration). In the State, Link Group is predominantly active in the provision of non-performing loans servicing and financial services outsourcing.
Pepper is a wholly owned standalone business within the Pepper Group. The Pepper Group is an international consumer finance business, third-party loan services and asset manager. In the State, Pepper is predominantly active in the provision of non-performing loans servicing and financial services outsourcing.
|Economic sector||Media merger|
|Financial and Insurance Services||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Friday, February 21, 2020|
|Date of Requirement for Information||Date Information Received|
|Friday, March 20, 2020|
|Current status: Active|
|Further information required (Phase 1)|
|Authorised Officer Assigned||Contact Details|
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