AXA / Eliokem [2006] IECompA m06058 (23 August 2006)

AXA / Eliokem [2006] IECompA m06058 (23 August 2006)

The proposed acquisition does not raise competition concerns and is therefore cleared unconditionally.

Parties
Acquirer: AXA Investment Managers Private Equity S. A.; Target: Financier Eliokem S. A. R. L; Target: Eliokem Inc
Jurisdiction
Ireland
Judgment Date
23 August 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Acquisition, Market Concentration
Competition Law Merger Control Acquisition Market Concentration

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Parties

AXA Investment Managers Private Equity S. A.

Acquirer

Financier Eliokem S. A. R. L

Target

Eliokem Inc

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

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

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is therefore cleared unconditionally.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition is approved without conditions.