Lisbonne Finance _ Gardiner Group (Electronic Security Equipment) [2003] IECompA M03014 (29 May 2003)

Lisbonne Finance _ Gardiner Group (Electronic Security Equipment) [2003] IECompA M03014 (29 May 2003)

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

Citation
[2003] IECompA M03014
Parties
Acquirer: Lisbonne Finance 3 SA; Target: Gardiner Group Management SA
Jurisdiction
Ireland
Judgment Date
29 May 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Leveraged Buyout, Electronic Security Equipment
Competition Law Merger Control Leveraged Buyout Electronic Security Equipment

Case Brief

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Parties

Lisbonne Finance 3 SA

Acquirer

Gardiner Group Management SA

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed leveraged buyout by Lisbonne Finance 3 SA of Gardiner Group Management SA is compatible with competition law requirements

Ratio Decidendi

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

Court Disposition

Cleared

Orders

  • The proposed transaction is approved and may proceed.