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
Legal Issues
- 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.
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