RBS (AAC Capital NEBO Sub LP) -with- NSL Services (Financial services) [2010] IECompA M10032 (21 September 2010)

RBS (AAC Capital NEBO Sub LP) -with- NSL Services (Financial services) [2010] IECompA M10032 (21 September 2010)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Citation
[2010] IECompA M10032
Parties
Acquirer: Royal Bank of Scotland Group plc (through AAC Capital NEBO Sub LP); Target: NSL Services Group Limited and its subsidiaries
Jurisdiction
Ireland
Judgment Date
21 September 2010
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition, Sole Control
Competition Law Merger Control Acquisition Sole Control

Case Brief

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Parties

Royal Bank of Scotland Group plc (through AAC Capital NEBO Sub LP)

Acquirer

NSL Services Group Limited and its subsidiaries

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

Cleared

Orders

  • The proposed acquisition is cleared under Irish competition law.