M/17/022 - Goldman Sachs/Transcendia [2017] IECompA m17022 (24 May 2017)

M/17/022 - Goldman Sachs/Transcendia [2017] IECompA m17022 (24 May 2017)

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

Parties
Acquirer: The Goldman Sachs Group, Inc.; Target: Transcendia Holdings, Inc.
Jurisdiction
Ireland
Judgment Date
24 May 2017
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Market Impact

Case Brief

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Parties

The Goldman Sachs Group, Inc.

Acquirer

Transcendia Holdings, Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market in Ireland

Ratio Decidendi

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

Court Disposition

cleared

Orders

  • Acquisition by The Goldman Sachs Group, Inc. of sole control of Transcendia Holdings, Inc. is approved