Babcock & Brown (BCM) / ESOT / eircom [2006] IECompA m06035 (13 June 2006)

Babcock & Brown (BCM) / ESOT / eircom [2006] IECompA m06035 (13 June 2006)

The Competition Authority found that the proposed acquisition would not substantially lessen competition and cleared the transaction in Phase 1.

Parties
Acquirer: Babcock & Brown Capital Limited; Acquirer: ESOP Trustee Limited; Target: eircom plc
Jurisdiction
Ireland
Judgment Date
13 June 2006
Procedural Posture
Merger Notification / Decision
Outcome
cleared
Legal Topics
Merger Control, Joint Control, Telecommunications Sector
Competition Law Merger Control Joint Control Telecommunications Sector

Case Brief

Summary, issues, holding and outcome

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Parties

Babcock & Brown Capital Limited

Acquirer

ESOP Trustee Limited

Acquirer

eircom plc

Target

Procedural Posture

Merger Notification / Decision

Legal Issues

  1. 1 Whether the proposed acquisition of joint control of eircom plc by Babcock & Brown Capital Limited and ESOP Trustee Limited raises competition concerns

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition and cleared the transaction in Phase 1.

Court Disposition

cleared

Orders

  • The proposed acquisition is cleared under Phase 1.