Invesco / Frascati | Competition and Consumer Protection Commission [2015] IECompA m15031 (29 June 2015)
The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
- Parties
- Acquirer: Invesco Mortgage Recovery Fund II LP; Target: Frascati Centre
- Jurisdiction
- Ireland
- Judgment Date
- 29 June 2015
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Real Estate Acquisition
Case Brief
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Parties
Invesco Mortgage Recovery Fund II LP
Acquirer
Frascati Centre
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of Frascati Centre by Invesco Mortgage Recovery Fund II LP raises competition concerns in the retail real estate sector.
Ratio Decidendi
The Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
Court Disposition
Cleared
Orders
- The proposed acquisition is approved without conditions.
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