M/17/025-Invesco/Source [2017] IECompA m17025 (16 June 2017)

M/17/025-Invesco/Source [2017] IECompA m17025 (16 June 2017)

The merger does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in the relevant market.

Parties
Acquirer: Invesco UK Limited; Target: Source Holdings Limited
Jurisdiction
Ireland
Judgment Date
16 June 2017
Procedural Posture
Merger Clearance / Phase 1 Decision
Outcome
merger cleared
Legal Topics
Merger Control, Asset Management
Competition Law Merger Control Asset Management

Case Brief

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Parties

Invesco UK Limited

Acquirer

Source Holdings Limited

Target

Procedural Posture

Merger Clearance / Phase 1 Decision

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the asset management sector

Ratio Decidendi

The merger does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in the relevant market.

Court Disposition

merger cleared

Orders

  • The proposed acquisition by Invesco UK Limited of Source Holdings Limited is cleared.