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LBBW/Sachsen LB

M/07/049

Completed

Transaction details

The proposed acquisition of control of Landesbank Sachsen Girozentrale by Landesbank Baden-Wurttemberg.
Case details
  • Notification date:29 August 2007
  • Publication date:29 August 2007
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial services (non-insurance) - L.64
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Thursday, 30 August, 2007 Notification received
  • Monday, 10 September, 2007 Third party submission deadline
  • Monday, 10 September, 2007 Determination issued
Parties Involved

Landesbank Baden-Württemberg

The central bank for savings banks in the German federal State of Baden-Württemberg. LBBW also acts as a full service bank in Germany and as an international business bank.

 

Landesbank Sachsen Girozentrale

The central bank for savings banks in the German Federal State of Saxony. The bank also acts as a bank in Germany and has involvement in international markets.
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