M/16/058 - OTPP & USS / Westerleigh Group [2016] IECompA m16058 (14 December 2016)

M/16/058 - OTPP & USS / Westerleigh Group [2016] IECompA m16058 (14 December 2016)

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Parties
Acquirer: Ontario Teachers Pension Plan; Acquirer: Universities Superannuation Scheme; Target: Westerleigh Group
Jurisdiction
Ireland
Judgment Date
14 December 2016
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Joint Control Acquisition

Case Brief

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Parties

Ontario Teachers Pension Plan

Acquirer

Universities Superannuation Scheme

Acquirer

Westerleigh Group

Target

Procedural Posture

Merger Control / Phase 1 Clearance

  1. 1 Whether the proposed joint acquisition of Westerleigh Group by OTPP and USS would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition of joint control by OTPP and USS of Westerleigh Group is cleared.