M/17/029 - Limestone (Bain Capital Credit)/ Gembira, Broadcrest & Circleside [2017] IECompA m17029 (3 July 2017)
The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
- Parties
- Acquirer: Limestone Funding Holdings Designated Activity Company; Ultimate Controller of Acquirer: Bain Capital Credit; Target: Gembira Limited; Target: Broadcrest Limited; Target: Circleside Limited
- Jurisdiction
- Ireland
- Judgment Date
- 03 July 2017
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Acquisition of Sole Control, Residential Real Estate Sector
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Parties
Limestone Funding Holdings Designated Activity Company
Acquirer
Bain Capital Credit
Ultimate Controller of Acquirer
Gembira Limited
Target
Broadcrest Limited
Target
Circleside Limited
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition by Bain Capital Credit through Limestone Funding Holdings DAC of sole control of Gembira Limited, Broadcrest Limited and Circleside Limited should be cleared under Irish competition law
Ratio Decidendi
The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
Court Disposition
Cleared
Orders
- The proposed acquisition is cleared under Phase 1.
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment