3i / Selective Beauty [2006] IECompA m06063 (4 September 2006)

3i / Selective Beauty [2006] IECompA m06063 (4 September 2006)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Parties
Acquirer: 3i Group plc; Target: Selective Beauty S.A.; Other: Kleerex Licensing Ltd; Other: ICC Business Expansion Fund Ltd
Jurisdiction
Ireland
Judgment Date
04 September 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition, Media Sector, Cosmetics Sector

Case Brief

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Parties

3i Group plc

Acquirer

Selective Beauty S.A.

Target

Kleerex Licensing Ltd

Other

ICC Business Expansion Fund Ltd

Other

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of Selective Beauty S.A. by 3i Group plc would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.

Court Disposition

Cleared

Orders

  • The proposed acquisition is cleared unconditionally.