RBS -with- PIHL (Financial services and healthcare services) [2010] IECompA M10016 (21 May 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 M10016
Parties: Acquirer: The Royal Bank of Scotland Group Plc; Target: Priory Investments Holdings Limited
Jurisdiction: Ireland
Judgment Date: 21 May 2010
Procedural Posture: Merger Notification / Phase 1 Clearance
Outcome: Cleared
Legal Topics: Merger Control, Acquisition, Financial Services, Healthcare Services

Competition Law Merger Control Acquisition Financial Services Healthcare Services

Case Brief

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Parties

The Royal Bank of Scotland Group Plc

Acquirer

Priory Investments Holdings Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition of sole control of Priory Investments Holdings Limited by The Royal Bank of Scotland Group Plc is compatible with competition law requirements

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 by The Royal Bank of Scotland Group Plc of sole control of Priory Investments Holdings Limited is cleared.