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Bank of America/CVC Credit/Celtic Roads Group (Waterford) DAC (JV)

M/21/032

Completed

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.
Case details
  • Notification date:29 June 2021
  • Publication date:29 June 2021
  • Economic sector:Transportation & storage - H
  • Economic sub-sector:Transport warehousing & support - H.52
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 30 June, 2021 Notification received
  • Thursday, 15 July, 2021 Third party submission deadline
  • Thursday, 15 July, 2021 Determination issued
Parties Involved

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 fixed income, currency and commodities financial instruments, investment banking advisory and underwriting services, post trade related services and equity and fixed income research.

 

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.

Contacts
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