M/12/009 – DZ Bank / WGZ Bank
Transaction details
The joint notification by DZ Bank AG and WGZ Bank AG of the merger of DZ Equity Partner GmbH and WGZ Initiativkapital GmbH has been cleared by The Competition Authority.
| Notification date | Decision date |
|---|---|
| Thursday June 21, 2012 | Thursday, July 12, 2012 |
| Parties Involved | Business activities |
|---|---|
| DZ Bank AG | DZ Bank is a central and commercial bank incorporated in Frankfurt am Main, Germany. |
| WGZ Bank AG | WGZ Bank is a member of the Association of Cooperative Banks (Finanz Gruppe Volksbanken und Raiffeisenbanken) and is the regional central bank for approximately 204 local cooperative banks / credit unions in the North Rhine, Westphalia and Rhineland Pfalz in Germany. |
| DZ Equity Partner GmbH | DZ Equity Partner GmbH is a subsidiary of DZ Bank. |
| WGZ Initiativkapital GmbH | WGZ Initiativkapital GmbH is a wholly owned subsidiary of WGZ Bank. |
| Economic sector | Media merger |
|---|---|
| The provision of private equity services primarily in Germany. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, July 2, 2012 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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