3i / Oakhill / TeleCity [2005] IECompA m05047 (3 August 2005)
The proposed joint acquisition does not raise competition concerns and is approved under Irish merger control law.
- Parties
- Acquirer: 3i Group; Acquirer: Oak Hill Investors; Target: TeleCity plc
- Jurisdiction
- Ireland
- Judgment Date
- 03 August 2005
- Procedural Posture
- Merger Notification / Phase 1 Preliminary Investigation
- Outcome
- approved
- Legal Topics
- Merger Control, Joint Acquisition, Media Merger, Data Centre Services
Case Brief
Summary, issues, holding and outcome
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Parties
3i Group
Acquirer
Oak Hill Investors
Acquirer
TeleCity plc
Target
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Legal Issues
- 1 Whether the proposed joint acquisition of TeleCity plc by 3i Group and Oak Hill Investors raises competition concerns under Irish merger control law
Ratio Decidendi
The proposed joint acquisition does not raise competition concerns and is approved under Irish merger control law.
Court Disposition
approved
Orders
- The proposed transaction is approved and may proceed.
Full Case Text
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