Invesco / Frascati | Competition and Consumer Protection Commission [2015] IECompA m15031 (29 June 2015)

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

  1. 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.