News Corporation -with- Hughes (Media) [2003] IECompA M03030 (10 September 2003)
The acquisition did not raise competition concerns and was cleared in Phase 1.
- Citation
- [2003] IECompA M03030
- Parties
- Acquirer: News Corporation Limited; Target: Hughes Electronic Corporation
- Jurisdiction
- Ireland
- Judgment Date
- 10 September 2003
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Shareholding Acquisition
Case Brief
Summary, issues, holding and outcome
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Parties
News Corporation Limited
Acquirer
Hughes Electronic Corporation
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the acquisition of a shareholding interest in Hughes Electronic Corporation by News Corporation Limited complies with Irish merger control regulations
Ratio Decidendi
The acquisition did not raise competition concerns and was cleared in Phase 1.
Court Disposition
Cleared
Orders
- The transaction is approved and may proceed.
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