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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