Oaktree -with- Stolberg -with- Beluga (Financial services and the shipping industry) [2010] IECompA M10025 (04 August 2010)

Oaktree -with- Stolberg -with- Beluga (Financial services and the shipping industry) [2010] IECompA M10025 (04 August 2010)

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Citation
[2010] IECompA M10025
Parties
Acquirer: Oaktree Management LP; Acquirer: Mr Niels Stolberg; Target: Beluga Group GmbH
Jurisdiction
Ireland
Judgment Date
04 August 2010
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Joint Control, Financial Services, Shipping Industry

Case Brief

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Parties

Oaktree Management LP

Acquirer

Mr Niels Stolberg

Acquirer

Beluga Group GmbH

Target

Procedural Posture

Merger Control / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of joint control of Beluga Group GmbH by Oaktree Management LP and Mr Niels Stolberg is compatible with competition law requirements

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition of joint control of Beluga Group GmbH by Oaktree Management LP and Mr Niels Stolberg is cleared.