Intesa/ Pirelli RE [2007] IECompA m07036 (2 July 2007)

Intesa/ Pirelli RE [2007] IECompA m07036 (2 July 2007)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Parties
Acquirer: Intesa Sanpaolo S.p.A.; Target: Pirelli & C. Real Estate S.p.A.
Jurisdiction
Ireland
Judgment Date
02 July 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Joint Control, Real Estate Facility Management

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Parties

Intesa Sanpaolo S.p.A.

Acquirer

Pirelli & C. Real Estate S.p.A.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of joint control raises competition concerns in the real estate facility management sector in Ireland.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court Disposition

Cleared (Phase 1)