Investec -with- Rensburg Sheppards (Financial services) [2010] IECompA M10011 (26 April 2010)

Investec -with- Rensburg Sheppards (Financial services) [2010] IECompA M10011 (26 April 2010)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Citation
[2010] IECompA M10011
Parties
Acquirer: Investec plc; Target: Rensburg Sheppards plc
Jurisdiction
Ireland
Judgment Date
26 April 2010
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition Clearance
Competition Law Merger Control Acquisition Clearance

Case Brief

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Parties

Investec plc

Acquirer

Rensburg Sheppards plc

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Rensburg Sheppards plc by Investec plc should be cleared under Irish competition law

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Court Disposition

cleared

Orders

  • The proposed acquisition of Rensburg Sheppards plc by Investec plc is cleared.