General Electric -with- Transamerica (Finance) [2003] IECompA M03028 (04 September 2003)
The transaction does not raise competition concerns and is cleared under Phase 1 review.
- Citation
- [2003] IECompA M03028
- Parties
- Acquirer: General Electric Capital Corporation; Target: Transamerica Finance Corporation
- Jurisdiction
- Ireland
- Judgment Date
- 04 September 2003
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Commercial Lending Sector
Case Brief
Summary, issues, holding and outcome
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Parties
General Electric Capital Corporation
Acquirer
Transamerica Finance Corporation
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the commercial lending sector
Ratio Decidendi
The transaction does not raise competition concerns and is cleared under Phase 1 review.
Court Disposition
Cleared
Orders
- The proposed acquisition is approved without conditions.
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