Mountaintop / Loparex [2005] IECompA m05040 (7 July 2005)

Mountaintop / Loparex [2005] IECompA m05040 (7 July 2005)

The proposed acquisition does not raise competition concerns and is cleared under Irish competition law following a Phase 1 preliminary investigation.

Parties
Acquirer: ABN AMRO Holding B.V.; Acquirer (subsidiary): Mountaintop Investments B.V.; Target: The Loparex Group; Target (subsidiary): Loparex Oy; Target (subsidiary): Loparex B.V.; Target (subsidiary): Loparex Inc.; Target (subsidiary): Loparex Ltd.
Jurisdiction
Ireland
Judgment Date
07 July 2005
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Outcome
Cleared
Legal Topics
Merger Control, Media Merger, Acquisition of Shares
Competition Law Merger Control Media Merger Acquisition of Shares

Case Brief

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Parties

ABN AMRO Holding B.V.

Acquirer

Mountaintop Investments B.V.

Acquirer (subsidiary)

The Loparex Group

Target

Loparex Oy

Target (subsidiary)

Loparex B.V.

Target (subsidiary)

Loparex Inc.

Target (subsidiary)

Loparex Ltd.

Target (subsidiary)

Procedural Posture

Merger Notification / Phase 1 Preliminary Investigation

Legal Issues

  1. 1 Whether the proposed acquisition of The Loparex Group by Mountaintop Investments B.V. (a subsidiary of ABN AMRO Holding B.V.) raises competition concerns under Irish competition law.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Irish competition law following a Phase 1 preliminary investigation.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved and may proceed.