M/17/008 - AMP/M&G/Adven [2017] IECompA m17008 (28 February 2017)
The proposed acquisition does not raise competition concerns and is compatible with competition law, thus clearance is granted.
- Parties
- Acquirer: AMP Capital Investors Limited; Acquirer: M&G Investment Management Limited; Target: Adven Group Oy
- Jurisdiction
- Ireland
- Judgment Date
- 28 February 2017
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Joint Control Acquisition, Energy Sector
Case Brief
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Parties
AMP Capital Investors Limited
Acquirer
M&G Investment Management Limited
Acquirer
Adven Group Oy
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of joint control of Adven Group Oy by AMP Capital Investors Limited and M&G Investment Management Limited is compatible with competition law.
Ratio Decidendi
The proposed acquisition does not raise competition concerns and is compatible with competition law, thus clearance is granted.
Court Disposition
cleared
Orders
- The proposed acquisition by AMP Capital Investors Limited and M&G Investment Management Limited of joint control of Adven Group Oy is cleared.
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