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DZ Bank/WGZ Bank

M/12/009

Completed

Transaction details

The joint notification by DZ Bank AG and WGZ Bank AG of the merger of DZ Equity Partner GmbH and WGZ Initiativkapital GmbH has been cleared by The Competition Authority.
Case details
  • Notification date:20 June 2012
  • Publication date:20 June 2012
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial services (non-insurance) - L.64
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Thursday, 21 June, 2012 Notification received
  • Monday, 2 July, 2012 Third party submission deadline
  • Thursday, 12 July, 2012 Determination issued
Parties Involved

DZ Bank AG

DZ Bank is a central and commercial bank incorporated in Frankfurt am Main, Germany.

 

DZ Equity Partner GmbH

DZ Equity Partner GmbH is a subsidiary of DZ Bank.

 

WGZ Bank AG

WGZ Bank is a member of the Association of Cooperative Banks (Finanz Gruppe Volksbanken und Raiffeisenbanken) and is the regional central bank for approximately 204 local cooperative banks / credit unions in the North Rhine, Westphalia and Rhineland Pfalz in Germany.

 

WGZ Initiativkapital GmbH

WGZ Initiativkapital GmbH is a wholly owned subsidiary of WGZ Bank.
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