M/09/001 – SGVHT / Naspa Dublin
Transaction details
The Proposed acquisition by Sparkassen und Giroverband Hessen-Thuringen(SGVHT) of sole control of Naspa Dublin.
| Notification date | Decision date |
|---|---|
| Tuesday January 13, 2009 | Wednesday, February 4, 2009 |
| Parties Involved | Business activities |
|---|---|
| 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. |
| Economic sector | Media merger |
|---|---|
| Financial services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, January 23, 2009 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Ms. Victoria Balageur | Tel: 01-804 5451, email:vb@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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