SWX Group / SIS Swiss Financial Services Group AG / Telekurs Holding AG

OFT closed case: Anticipated merger between SWX Group, SIS Swiss Financial Services Group AG and Telekurs Holding AG

From:
Competition and Markets Authority
Published
1 October 2007
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 found not to qualify
Closed:
1 October 2007

Affected market: Financial services

No. ME/3292/07

On the basis of the information available to it, the Office of Fair Trading has decided that the anticipated merger between SWX Group, SIS Swiss Financial Services Group AG and Telekurs Holding AG does not qualify for investigation under the mergers provisions of the Enterprise Act 2002 (the Act), because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.

Published 1 October 2007