UBS AG / ABN Amro's Global Futures and Options Trading Business

OFT closed case: Anticipated acquisition by UBS AG of ABN Amro's Global Futures and Options Trading Business

From:
Competition and Markets Authority
Published
4 July 2006
Case type:
Mergers
Case state:
Closed
Market sector:
Financial services
Outcome:
Mergers - phase 1 found not to qualify
Closed:
4 July 2006

Affected market: Financial services

No. ME/2480/06

On the basis of the information available to it, the Office of Fair Trading has decided that the anticipated acquisition by UBS AG of ABN AMRO's global futures and options trading business 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 4 July 2006