SGVHT/Naspa Dublin
Transaction details
The Proposed acquisition by Sparkassen und Giroverband Hessen-Thuringen(SGVHT) of sole control of Naspa Dublin.
Case details
- Notification date:13 January 2009
- Publication date:13 January 2009
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial and insurance support - L.66
- Outcome:Cleared
Documents
M.09.001 DeterminationPDF | 68 KBM.09.001 Determination PDF | 68 KB - Opens in new window
Timetable
Parties Involved
Sparkassen und Giroverband Hessen-Thuringen
Is a public body, SGVHT itself does not supply any banking services. SGVHT owns shareholdings in some companies on behalf of its members. For example, SGVHT owns 85% of Helaba. Helaba has a branch in Ireland which is active in international lending.
Naspa Dublin
Operates a monoline business model concentrating on investments in securities, mainly Floating Rate Notes issued by banks and asset backed securities.
Contacts
