IBM/Fitch Risk
Transaction details
The proposed transaction whereby IBM Corporation (“IBM”) would acquire sole control of Fitch Risk Management Inc and its subsidiaries (“Fitch Risk”) through the acquisition of the entire shareholding of Fitch Risk has been approved by the Competition Authority.
Case details
- Notification date:6 September 2011
- Publication date:6 September 2011
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Programming & IT consulting - K.62
- Outcome:Cleared
Documents
M.11.030 Merger AnnouncementPDF | 45 KBM.11.030 Merger Announcement PDF | 45 KB - Opens in new window
M.11.030 DeterminationPDF | 88 KBM.11.030 Determination PDF | 88 KB - Opens in new window
Timetable
Parties Involved
IBM Corporation
IBM is active worldwide in the development, production and marketing of a variety of IT solutions, comprising software, systems (services, storage systems, software) and services (business consulting and IT infrastructure).
Fitch Risk Management Inc.
Fitch Risk is the holding company of the Algorithmics group, based in Canada. Algorithmics provides financial organisations with enterprise risk management solutions (software, analytics, content and advisory services) for market, credit and operational risk, as well as with collateral and capital management.
Contacts
