IPUT / Riverside One | Competition and Consumer Protection Commission [2015] IECompA m15030 (25 June 2015)

IPUT / Riverside One | Competition and Consumer Protection Commission [2015] IECompA m15030 (25 June 2015)

The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Parties
Acquirer: IPUT Public Limited Company; Target: Riverside One
Jurisdiction
Ireland
Judgment Date
25 June 2015
Procedural Posture
Merger Notification / Clearance Decision (phase 1)
Outcome
cleared
Legal Topics
Merger Control, Commercial Property Acquisition

Case Brief

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Parties

IPUT Public Limited Company

Acquirer

Riverside One

Target

Procedural Posture

Merger Notification / Clearance Decision (phase 1)

  1. 1 Whether the proposed acquisition of a majority interest in Riverside One by IPUT raises competition concerns.

Ratio Decidendi

The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Court Disposition

cleared

Orders

  • The proposed acquisition of approximately 70.8% interest in Riverside One by IPUT Public Limited Company is cleared.