M/17/010 - Liberty/Ironshore [2017] IECompA m17010 (28 March 2017)
The proposed acquisition does not raise competition concerns and is therefore cleared under Phase 1 review.
- Parties
- Acquirer: Liberty Mutual Insurance Company; Target: Ironshore, Inc.
- Jurisdiction
- Ireland
- Judgment Date
- 28 March 2017
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Insurance Sector, Acquisition of Sole Control
Case Brief
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Parties
Liberty Mutual Insurance Company
Acquirer
Ironshore, Inc.
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of sole control of Ironshore, Inc. by Liberty Mutual Insurance Company 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 by Liberty Mutual Insurance Company of sole control of Ironshore, Inc. is cleared.
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