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Man Group/Fideuram/ Asteria

M/23/042

Completed

Transaction details

The proposed acquisition by Man Group Holdings Limited and Fideuram – Intesa Sanpaolo Private Banking S.p.A. of joint control of Asteria Obviam SA has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:20 August 2023
  • Publication date:20 August 2023
  • Economic sector:Financial and insurance services - L
  • Economic sub-sector:Financial services (non-insurance) - L.64
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 21 August, 2023 Notification received
  • Monday, 4 September, 2023 Third party submission deadline
  • Thursday, 7 September, 2023 Determination issued
Parties Involved

Man Group Holdings Limited

Man Group Holdings Limited is a holding company incorporated in the United Kingdom and a wholly owned subsidiary of Man Group plc. Man Group plc an active investment management firm listed on the London Stock Exchange and is active in the provision of asset management services in the State.

 

Fideuram – Intesa Sanpaolo Private Banking S.p.A.

Fideuram – Intesa Sanpaolo Private Banking S.p.A. is a private bank in Italy and a wholly owned subsidiary of Intesa Sanpaolo S.p.A. In the State, Fideuram – Intesa Sanpaolo Private Banking S.p.A. is active in advisory services involving market analysis, product management and investment advisory in relation to the management and investment of funds on behalf of its clients focused on the bond market, equity market, quantitative technical models and pension funds.

 

Asteria Obviam SA

Asteria Obviam SA is an impact investment management firm based in Switzerland.
Contacts
Eilís McDonnell eilismcdonnell@ccpc.ie
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