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HSBC/M&S Financial Services

M/04/047

Completed

Transaction details

Proposal whereby HSBC plc (“HSBC”) would acquire 100% of Marks and Spencer Retail Financial Services Holdings Limited (“M&S FS”).
Case details
  • Notification date:10 August 2004
  • Publication date:10 August 2004
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial and insurance support - L.66
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Wednesday, 11 August, 2004 Notification received
  • Tuesday, 24 August, 2004 Third party submission deadline
  • Friday, 10 September, 2004 Determination issued
Parties Involved

HSBC

Provides a wide range of financial and banking services and products and has operations worldwide.

 

M&S Financial Services

UK-based retailer of clothing, food and home products. It provides financial services through its in-house financial services business, M&S FS.
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