M/14/022 – BNP Paribas / Credit Suisse
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|
Tel: 01-804 5396, e-mail: email@example.com
Media enquiries: MKC Communications: 01 7038600