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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