M/14/022 – BNP Paribas / Credit Suisse
Transaction details
The proposed acquisition by BNP Paribas Securities Services S.C.A of certain subsidiaries of Credit Suisse S.A. has been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Thursday August 28, 2014 | Friday, September 12, 2014 |
| Parties Involved | Business activities |
|---|---|
| BNP Paribas Securities Services S.C.A (Purchaser) | BNP Paribas Securities Services S.C.A is part of the BNP Paribas Group and is ultimately wholly-owned by BNP Paribas S.A. The BNP Paribas Group is a worldwide provider of banking and financial services. |
| Subsidiaries of Credit Suisse (Target) | The Target's services include global custody and fund administration services in Ireland and internationally. |
| Economic sector | Media merger |
|---|---|
| Global Custody Services and Fund Administration Services. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, September 8, 2014 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, e-mail: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
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