Brokerage: the Autorité de la concurrence clears the takeover of Meilleurtaux by Silver Lake

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 On 27 August 2020, the Silver Lake group notified the Autorité de la concurrence of its plan to acquire sole control of the Meilleurtaux group.

Parties to the transaction

Silver Lake is an investment group focused on investing in large companies in technology sectors as well as other high growth sectors globally.

 The Meilleurtaux group is active in financial product brokerage, both as an information provider, online comparator, and brokerage player.

The proposed transaction is not likely to harm competition

The Autorité analysed the market power of the new entity at the end of the transaction.

Given the absence of any overlap of activities between the Silver Lake group and the Meilleurtaux group, the Autorité considered that the transaction was not likely to harm competition.

The Autorité thus cleared the transaction without conditions.

 

  •  Full text of decision 20-DCC-128 of 17 September 2020 regarding the exclusive takeover of Meilleurtaux group by Silver Lake group will soon be available on the Autorité’s website
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