Setanta / NASN [2005] IECompA m05029 (9 June 2005)
The Authority determined that the transactions constitute media mergers and completed a Phase 1 investigation without identifying competition concerns.
- Parties
- Acquirer: Setanta Media Holdings Limited; Target: NASN Limited; Acquirer (secondary Transaction): Benchmark Europe II, L.P.; Other: Vallbury Limited; Other: Cassidys Family Pharmacies Limited
- Jurisdiction
- Ireland
- Judgment Date
- 09 June 2005
- Procedural Posture
- Merger Notification / Phase 1 Preliminary Investigation
- Outcome
- approved
- Legal Topics
- Media Merger, Merger Control, Share Acquisition
Case Brief
Summary, issues, holding and outcome
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Parties
Setanta Media Holdings Limited
Acquirer
NASN Limited
Target
Benchmark Europe II, L.P.
Acquirer (secondary Transaction)
Vallbury Limited
Other
Cassidys Family Pharmacies Limited
Other
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Legal Issues
- 1 Whether the proposed acquisition constitutes a media merger under Irish law
- 2 Whether the transactions raise competition concerns
Ratio Decidendi
The Authority determined that the transactions constitute media mergers and completed a Phase 1 investigation without identifying competition concerns.
Court Disposition
approved
Orders
- The transactions are approved as media mergers.
Full Case Text
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