M/10/042 - Elavon / Bank of America, N.A.
Details of the Transaction
The Competition Authority has cleared the proposed transaction whereby U.S. Bank National Association, and its subsidiaries Elavon Financial Services Limited, and U.S. Bank Trust National Association would acquire certain businesses from Bank of America, N.A. and its subsidiaries Bank of America (GSS) Limited, and Bank of America National Trust Delaware.
| Economic Sector | Media Merger |
|---|---|
| Securitisation trust and administration services. | No |
Notification Date: 08 December 2010
| Current Status | Completed | Cleared (Phase 1) |