Merger control: Commission clears proposed acquisition of Sal. Oppenheim by Deutsche Bank
- Germany
- 02/05/2010
- Roschier, Attorneys Ltd. - Sweden
The Commission cleared the proposed acquisition of Sal. Oppenheim by Deutsche Bank, both of Germany. Deutsche Bank is a banking group active in retail banking, investment management services and corporate investment banking with global operations. Sal. Oppenheim is a financial group with activities in banking and related services, in particular asset management for wealthy individuals and institutional investors mainly active in Germany. The Commission concluded that the proposed acquisition would not significantly impede effective competition in the EEA or in any substantial part thereof. Source: Commission Press Release 29/1/2010
