DZ Bank/UMH/WGZ Bank
Transaction details
The proposed establishment of a joint venture by DZ Bank AG, Union Asset Management Holding AG and WGZ Bank AG has been cleared by the Competition Authority.
Case details
- Notification date:14 March 2013
- Publication date:14 March 2013
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial services (non-insurance) - L.64
- Outcome:Cleared
Documents
M.13.007 Merger AnnouncementPDF | 37 KBM.13.007 Merger Announcement PDF | 37 KB - Opens in new window
M.13.007 DeterminationPDF | 86 KBM.13.007 Determination PDF | 86 KB - Opens in new window
Timetable
Parties Involved
DZ Bank AG
DZ Bank is a central and commercial bank incorporated in Frankfurt am Main, Germany.
Union Asset Management Holding AG
UMH, based in Frankfurt am Main, Germany, was founded in 1956, and provides asset management services to private and institutional clients.
WGZ Bank AG
WGZ Bank is a member of the Association of Cooperative Banks / Cooperative Financial Services Network (FinanzGruppe Volksbanken und Raiffeisenbanken) and is the regional central bank for approximately 200 local cooperative banks / credit unions in the North Rhine, Westphalia and Rhineland Pfalz regions of Ger
Contacts
