M/16/046- Deka Immobilien (DekaBank) / Assets: DoubleTree by Hilton Hotel Dublin-Burlington Road [2016] IECompA m16046 (2 November 2016)

M/16/046- Deka Immobilien (DekaBank) / Assets: DoubleTree by Hilton Hotel Dublin-Burlington Road [2016] IECompA m16046 (2 November 2016)

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

Parties
Acquirer: Deka Immobilien Investment GmbH; Parent Company of Acquirer: DekaBank Deutsche Girozentrale; Seller: Sussex Road Nominees Limited
Jurisdiction
Ireland
Judgment Date
02 November 2016
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition of Assets, Hotel Property

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 2
Sign in to unlock

Parties

Deka Immobilien Investment GmbH

Acquirer

DekaBank Deutsche Girozentrale

Parent Company of Acquirer

Sussex Road Nominees Limited

Seller

Procedural Posture

Merger Control / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of sole control over the DoubleTree by Hilton Hotel Dublin-Burlington Road by Deka Immobilien 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 the State.

Court Disposition

cleared

Orders

  • Acquisition by Deka Immobilien Investment GmbH of sole control over the DoubleTree by Hilton Hotel Dublin-Burlington Road is cleared.