Soros -with- Polymerlatex (Latex) [2003] IECompA M03007 (11 March 2003)

Soros -with- Polymerlatex (Latex) [2003] IECompA M03007 (11 March 2003)

The transaction did not raise competition concerns and was cleared at Phase 1.

Citation
[2003] IECompA M03007
Parties
Acquirer: Soros Private Equity Investors LP; Target: PolymerLatex GmbH & Co KG; Target: PolymerLatex Verwaltungs-GmbH; Seller: Bayer AG; Seller: Degussa AG
Jurisdiction
Ireland
Judgment Date
11 March 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Acquisition of Partnership Interests, Share Capital Acquisition, Media Merger

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
Sign in to unlock

Parties

Soros Private Equity Investors LP

Acquirer

PolymerLatex GmbH & Co KG

Target

PolymerLatex Verwaltungs-GmbH

Target

Bayer AG

Seller

Degussa AG

Seller

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition by Soros Private Equity Investors LP of PolymerLatex constitutes a notifiable merger under Irish competition law
  2. 2 Whether the transaction raises competition concerns warranting further investigation

Ratio Decidendi

The transaction did not raise competition concerns and was cleared at Phase 1.

Court Disposition

Cleared

Orders

  • Merger transaction approved without conditions