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Bank of Ireland/Davy (Wealth Management and Capital Markets)

M/21/046

Completed

Transaction details

The proposed acquisition by Bank of Ireland Nominee 1 of Amber Note Unlimited Company (the wealth management and capital markets divisions of Davy) has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:19 August 2021
  • Publication date:19 August 2021
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial and insurance support - L.66
  • Request for information:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 20 August, 2021 Notification received
  • Friday, 3 September, 2021 Third party submission deadline
  • Wednesday, 29 September, 2021 Further information required
  • Friday, 3 September, 2021 Further information received
  • Monday, 6 December, 2021 Determination issued
Parties Involved

Bank of Ireland Nominee 1 Limited

Bank of Ireland Nominee 1 Limited is an Irish incorporated wholly owned subsidiary of The Governor and Company of the Bank of Ireland ("Bank of Ireland").

Bank of Ireland is a financial services group providing a broad range of banking and other financial services with offices in the State, the United Kingdom, the United States of America, Germany, France and Spain.

 

Amber Note Unlimited Company

Amber Note Unlimited Company (the wealth management and capital markets divisions of Davy) operates offices at six locations in the State, the UK and Luxembourg, with its head office in Dublin. The Target holds regulatory licences for each jurisdiction in which it operates.

Davy provides wealth management services to customers such as business owners, professionals, executives, retirees, corporate and institutional entities and financial advisory services. Davy provides capital markets services in the State and, to a lesser extent, in the UK (in London).

Contacts
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