Transaction details
The proposed acquisition by Investec plc of sole control of Evolution Group plc has been cleared by the Competition Authority.
| Economic sector | Media merger |
| Financial services | No |
Notification date: Friday, October 14, 2011
| Parties Involved | Business activities |
| Evolution Group plc | In Ireland, Evolution provides financial services through WdB Assetmaster Management Co Limited, a company incorporated in Ireland, and wholly owned subsidiary of Williams de Broe Limited. |
| Investec plc | Investec is an international, specialist bank and asset manager that provides a diverse range of financial products and services to niche clients in three principle geographic regions: the UK, Australia and South Africa as well as certain other countries/regions. |
| Town and County Investments plc | |
| Coffee Garden (Drogheda) Ltd | |
| Case Officer Assigned | Contact Details |
| Elisa Ryan | Tel: 01-804 5446, email: er@tca.ie |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Monday, October 24, 2011 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, November 3, 2011
