M/09/001 – SGVHT / Naspa Dublin

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Transaction details

The Proposed acquisition by Sparkassen und Giroverband Hessen-Thuringen(SGVHT) of sole control of Naspa Dublin.

Notification date Decision date
Tuesday January 13, 2009 Wednesday, February 4, 2009
Parties Involved Business activities
Sparkassen und Giroverband Hessen-Thuringen

Is a public body, SGVHT itself does not supply any banking services. SGVHT owns shareholdings in some companies on behalf of its members. For example, SGVHT owns 85% of Helaba. Helaba has a branch in Ireland which is active in international lending.

Naspa Dublin

Operates a monoline business model concentrating on investments in securities, mainly Floating Rate Notes issued by banks and asset backed securities.

Economic sector Media merger
Financial services No
Submissions from third parties due by:
Phase 1 Phase 2
Friday, January 23, 2009
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Ms. Victoria Balageur

Tel: 01-804 5451, email:vb@tca.ie

Media enquiries: MKC Communications: 01 7038600

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