Logo Competition

MP Bank's acquisition of the corporate division of Saga Investment Bank Ltd.

Analysis

MP Bank hf. acquired certain assets and operations from Saga Investment Bank hf. There was a minor overlap between the activities of MP Bank and the acquired assets. The Competition Authority considered there was no reason to take action regarding the merger.

Decisions
Case number

32 / 2011

Date
23 November 2011
Company

MP Bank Ltd.

History of Investment Banking Ltd.

Industries

Investment banking

Financial services

Subjects

Merger case

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