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Office of Competition and Consumer Protection

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Consent for concentration - Ipopema Securities

< previous | next > 01.06.2011

Consent for concentration - Ipopema Securities

The President of UOKiK has issued her consent for taking control over Credit Suisse Asset Management (Polska) by Ipopema Securities

The participants to the transaction operate inter alia in brokerage industry connected with the stocks and goods market, and financial services, excluding pension funds. By way of the concentration, Ipopema Securities stall acquire 100% of shares in initial capital of Suisse Asset Management (Polska).

Under the existing regulations, a transaction is subject to a notification submitted to the antitrust authority if the transaction participants' combined turnover in the year preceding the notification exceeded 1 billion euro worldwide or 50 million euro in Poland

Having conducted the antitrust proceedings, the President of the Office decided that the concentration stall not significantly restrict competition.

Under the existing regulations, a transaction is subject to a notification submitted to the antitrust authority if the transaction participants' combined turnover in the year preceding the notification exceeded 1 billion euro worldwide or 50 million euro in Poland.

Simultaneously we would like to inform that infomation on all antitrust proceedings concerning concentrations carried out by UOKiK, is available at the Office’s website.

Additional information for the media:
Małgorzata Cieloch, Spokesperson for  UOKiK
Department of International Relations and Communication
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. +48 22 827 28 92, 55 60 106, 55 60 414
faks  +48 22 826 11 86
E-mail: [SCODE]bWFsZ29yemF0YS5jaWVsb2NoQHVva2lrLmdvdi5wbA==[ECODE]

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See also:
ICPENICNPolish Aid