Blackstone / ATC [2013] IECompA m13019 (11 June 2013)

Blackstone / ATC [2013] IECompA m13019 (11 June 2013)

The Competition Authority found that the acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction at Phase 1.

Parties
Acquirer: The Blackstone Group L.P.; Target: ATC Midco S.à.r.l.
Jurisdiction
Ireland
Judgment Date
11 June 2013
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Media Merger, Acquisition Clearance

Case Brief

Summary, issues, holding and outcome

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Parties

The Blackstone Group L.P.

Acquirer

ATC Midco S.à.r.l.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of ATC Midco S.à.r.l. by The Blackstone Group L.P. raises competition concerns under Irish merger control law.

Ratio Decidendi

The Competition Authority found that the acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction at Phase 1.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition of ATC Midco S.à.r.l. by The Blackstone Group L.P. is cleared unconditionally.