Lloyds TSB / HBOS [2008] IECompA m08036 (21 November 2008)

Lloyds TSB / HBOS [2008] IECompA m08036 (21 November 2008)

The proposed acquisition does not raise competition concerns in Ireland due to the limited overlap and presence of the parties in the Irish market.

Parties
Acquirer: Lloyds TSB Group plc; Target: HBOS plc
Jurisdiction
Ireland
Judgment Date
21 November 2008
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Outcome
Cleared
Legal Topics
Merger Control, Banking Sector Mergers

Case Brief

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Parties

Lloyds TSB Group plc

Acquirer

HBOS plc

Target

Procedural Posture

Merger Notification / Phase 1 Preliminary Investigation

  1. 1 Whether the proposed acquisition of HBOS plc by Lloyds TSB Group plc raises competition concerns under Irish competition law

Ratio Decidendi

The proposed acquisition does not raise competition concerns in Ireland due to the limited overlap and presence of the parties in the Irish market.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved without conditions.