ICC -with- BMR (Health _ Fitness) [2003] IECompA M03023 (24 July 2003)

ICC -with- BMR (Health _ Fitness) [2003] IECompA M03023 (24 July 2003)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Citation
[2003] IECompA M03023
Parties
Acquirer: Bank of Scotland (Ireland) Limited; Acquirer Subsidiary: ICC Equity Partners Limited (on behalf of ICC Private Equity Investment Fund and ICC Private Equity Parallel Fund); Acquirer Subsidiary: ICC Enterprise Partners Limited (on behalf of the ICC Regional Fund); Target: Bio-Medical Research Ltd.
Jurisdiction
Ireland
Judgment Date
24 July 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Acquisition of Control, Notification of Mergers, Clearance Procedure

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 1
Sign in to unlock

Parties

Bank of Scotland (Ireland) Limited

Acquirer

ICC Equity Partners Limited (on behalf of ICC Private Equity Investment Fund and ICC Private Equity Parallel Fund)

Acquirer Subsidiary

ICC Enterprise Partners Limited (on behalf of the ICC Regional Fund)

Acquirer Subsidiary

Bio-Medical Research Ltd.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market in the State.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition is approved and may proceed.