Citigroup / Legg Mason [2005] IECompA m05006 (9 February 2005)
The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant market and allowed the transaction to proceed.
- Parties
- Acquirer: Glanbia plc; Target: Dairygold Dairies Ltd (CMP liquid milk business and related assets)
- Jurisdiction
- Ireland
- Judgment Date
- 09 February 2005
- Procedural Posture
- Merger Notification / Phase 1 Preliminary Investigation
- Outcome
- Cleared
- Legal Topics
- Merger Control, Acquisition, Market Concentration
Case Brief
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Parties
Glanbia plc
Acquirer
Dairygold Dairies Ltd (CMP liquid milk business and related assets)
Target
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Legal Issues
- 1 Whether the proposed acquisition by Glanbia plc of the CMP liquid milk business and related assets from Dairygold Dairies Ltd would substantially lessen competition in the relevant market
Ratio Decidendi
The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant market and allowed the transaction to proceed.
Court Disposition
Cleared
Orders
- The proposed acquisition is approved and may proceed.
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