Cinven / PCL [2015] IECompA m15001 (19 January 2015)

Cinven / PCL [2015] IECompA m15001 (19 January 2015)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction.

Parties
Acquirer: Cinven Capital Management (V) General Partner Limited; Target: Premium Credit Limited
Jurisdiction
Ireland
Judgment Date
19 January 2015
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition Clearance
Competition Law Merger Control Acquisition Clearance

Case Brief

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Parties

Cinven Capital Management (V) General Partner Limited

Acquirer

Premium Credit Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market in Ireland.

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market in Ireland and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Cinven Capital Management (V) General Partner Limited of Premium Credit Limited is cleared.