Standard Chartered/ Pembroke [2007] IECompA m07052 (12 September 2007)
The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the merger in Phase 1.
- Parties
- Acquirer: Standard Chartered plc; Target: Pembroke Group Limited
- Jurisdiction
- Ireland
- Judgment Date
- 12 September 2007
- Procedural Posture
- Merger Notification / Determination
- Outcome
- merger cleared
- Legal Topics
- Merger Control, Aircraft Leasing, Finance Services
Case Brief
Summary, issues, holding and outcome
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Parties
Standard Chartered plc
Acquirer
Pembroke Group Limited
Target
Procedural Posture
Merger Notification / Determination
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the relevant market
Ratio Decidendi
The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the merger in Phase 1.
Court Disposition
merger cleared
Orders
- The proposed acquisition by Standard Chartered plc of Pembroke Group Limited is approved.
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