Source: European Commission Spokesperson’s Service
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Smith & Williamson Holdings Limited (“Smith & Williamson”) and Tilney Group
Limited (“Tilney”), both of the UK, by Permira Holdings Limited (“Permira”) of Guernsey and Warburg Pincus LLC of the U.S. Smith & Williamson is an independent financial and professional services
firm. Tilney is an independent wealth management firm, ultimately controlled by Permira. Permira is a private equity business engaged in the provision of investment management services to a number
of investment funds. Warburg Pincus is a global private equity firm with portfolio companies active in a variety of sectors. The Commission concluded that the proposed transaction would raise no
competition concerns given the limited horizontal and vertical overlaps between the activities of the companies. The transaction was examined under the simplified merger review procedure.
Utilizziamo i cookie per essere sicuri che tu possa avere la migliore esperienza sul nostro sito. Se continui ad utilizzare questo sito noi assumiamo che tu ne sia felice.Ok
