Merger Notification M/21/032 – Bank of America / CVC Credit / Celtic Roads Group (Waterford) DAC (JV)
Transaction details
The proposed acquisition of joint control of Celtic Roads Group (Waterford) DAC by Bank of America Corporation, through its subsidiary Merrill Lynch International, and CVC Credit Partners Group Holding Foundation has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday June 30, 2021 | Thursday, July 15, 2021 |
| Parties Involved | Business activities |
|---|---|
| Bank of America Corporation | Bank of America Corporation is a global investment bank and financial services provider headquartered in Charlotte, North Carolina. Merrill Lynch International is an indirect, wholly owned subsidiary of Bank of America Corporation. Merrill Lynch International's primary business activities include brokerage and dealing in equities and |
| CVC Credit Partners Group Holding Foundation | CVC Credit Partners Group Holding Foundation (“CVC Credit”) is an investment management firm with offices in London and New York. CVC Credit is active in the provision of financial services and more particularly in the activity of investing in diverse credit strategies. |
| Celtic Roads Group (Waterford) DAC | Celtic Roads Group (Waterford) DAC operates the N25 under a Public Private Partnership Agreement with Transport Infrastructure Ireland. |
| Economic sector | Media merger |
|---|---|
| Other Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, July 14, 2021 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | tommyburke@ccpc.ie |
| Peter Honer | peterhoner@ccpc.ie |
Media enquiries: communications@ccpc.ie
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