MUFG Bank / DVB Bank merger inquiry

The CMA investigated and cleared the anticipated acquisition by MUFG Bank Ltd relating to the aviation business of DVB Bank SE and the anticipated acquisition of the AAM/AIM Business.

From:
Competition and Markets Authority
Published
19 August 2019
Last updated
13 November 2019 — See all updates
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 clearance
Opened:
16 August 2019
Closed:
13 November 2019

Statutory timetable

Phase 1 date Action
4 October 2019 Decision announced
19 August 2019 to 3 September 2019 Invitation to comment
16 August 2019 Launch of merger inquiry

CMA clearance decision

4 October 2019: The CMA has cleared the anticipated acquisition by MUFG Bank Ltd relating to the aviation business of DVB Bank SE and the anticipated acquisition of the AAM/AIM Business.

Invitation to comment: Now closed

19 August 2019: The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

To assist it with this assessment, the CMA invites comments on the transaction from any interested party.

These comments should be provided by the deadline set out above.

Launch of merger inquiry

16 August 2019: The CMA announced the launch of its merger inquiry by notice to the parties.

Contact

Please send written representations about any competition issues to general.enquiries@cma.gov.uk.

Published 19 August 2019
Last updated 13 November 2019 + show all updates

  1. Full text of the clearance decision published.

  2. Clearance decision announced.

  3. First published.