M/16/057- Universal Investment/Liffey Valley Shopping Centre [2016] IECompA m16057 (13 December 2016)

M/16/057- Universal Investment/Liffey Valley Shopping Centre [2016] IECompA m16057 (13 December 2016)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Parties
Acquirer: Universal-Investment GmbH; Target: BVK Highstreet Retail; Target: Liffey Valley Limited; Target: LV Property Phase I Limited; Target: LV Property Phase II Limited
Jurisdiction
Ireland
Judgment Date
13 December 2016
Procedural Posture
Merger Control / Decision (phase 1 Clearance)
Outcome
cleared
Legal Topics
Merger Control, Acquisition Clearance
Competition Law Merger Control Acquisition Clearance

Case Brief

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Parties

Universal-Investment GmbH

Acquirer

BVK Highstreet Retail

Target

Liffey Valley Limited

Target

LV Property Phase I Limited

Target

LV Property Phase II Limited

Target

Procedural Posture

Merger Control / Decision (phase 1 Clearance)

Legal Issues

  1. 1 Whether the proposed acquisition of Liffey Valley Shopping Centre by Universal-Investment GmbH should be cleared under Irish competition law

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition of Liffey Valley Shopping Centre by Universal-Investment GmbH is cleared.