Blackstone / Tangerine [2011] IECompA m11018 (3 June 2011)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Parties: Acquirer: The Blackstone Group L.P.; Target: Tangerine Confectionery Holdings Limited
Jurisdiction: Ireland
Judgment Date: 03 June 2011
Procedural Posture: Merger Notification / Phase 1 Clearance
Outcome: cleared
Legal Topics: Merger Control, Acquisition Clearance, Confectionery Sector

Competition Law Merger Control Acquisition Clearance Confectionery Sector

Case Brief

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Parties

The Blackstone Group L.P.

Acquirer

Tangerine Confectionery Holdings Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition of Tangerine Confectionery Holdings Limited by The Blackstone Group would substantially lessen competition in the relevant markets.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Court Disposition

cleared

Orders

The proposed acquisition of Tangerine Confectionery Holdings Limited by The Blackstone Group is cleared under Phase 1.