General Electric/Everest VIT [2005] IECompA m05043 (15 July 2005)
The proposed acquisition does not raise competition concerns in the relevant market and is therefore compatible with Irish competition law.
- Parties
- Acquirer: General Electric Company; Target: Everest VIT, Inc.
- Jurisdiction
- Ireland
- Judgment Date
- 15 July 2005
- Procedural Posture
- Merger Notification / Preliminary Investigation (phase 1)
- Outcome
- approved
- Legal Topics
- Merger Control, Acquisition, Industrial Equipment Sector
Case Brief
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Parties
General Electric Company
Acquirer
Everest VIT, Inc.
Target
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Legal Issues
- 1 Whether the proposed acquisition of Everest VIT, Inc. by General Electric Company is compatible with competition law requirements in Ireland.
Ratio Decidendi
The proposed acquisition does not raise competition concerns in the relevant market and is therefore compatible with Irish competition law.
Court Disposition
approved
Orders
- The acquisition of Everest VIT, Inc. by General Electric Company is approved.
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