Bank of Scotland/ Polypipe [2007] IECompA m07037 (6 July 2007)

Bank of Scotland/ Polypipe [2007] IECompA m07037 (6 July 2007)

The acquisition was cleared as it did not raise competition concerns in the relevant markets.

Parties
Acquirer: The Governor and Company of the Bank of Scotland; Target: Polypipe Building Products Limited
Jurisdiction
Ireland
Judgment Date
06 July 2007
Procedural Posture
Merger Notification / Decision (phase 1 Clearance)
Outcome
cleared
Legal Topics
Merger Control, Acquisition of Controlling Interest

Case Brief

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Parties

The Governor and Company of the Bank of Scotland

Acquirer

Polypipe Building Products Limited

Target

Procedural Posture

Merger Notification / Decision (phase 1 Clearance)

  1. 1 Whether the proposed acquisition of a controlling interest in Polypipe Group by Bank of Scotland raises competition concerns under Irish law

Ratio Decidendi

The acquisition was cleared as it did not raise competition concerns in the relevant markets.

Court Disposition

cleared

Orders

  • The proposed acquisition is approved without conditions.