M/17/31 KKR and JIP/Hitachi Kokusai Electric [2017] IECompA m1731 (5 July 2017)

M/17/31 KKR and JIP/Hitachi Kokusai Electric [2017] IECompA m1731 (5 July 2017)

The Competition and Consumer Protection Commission found that the proposed acquisition does not raise competition concerns and cleared the transaction in Phase 1.

Parties
Acquirer: KKR & CO. L. P.; Acquirer: Japan Industrial Partners, INC.; Target: Hitachi Kokusai Electric INC's Video and Communication Solutions Business
Jurisdiction
Ireland
Judgment Date
05 July 2017
Procedural Posture
Merger Clearance / Phase 1 Determination
Outcome
Cleared
Legal Topics
Merger Control, Joint Control Acquisition
Competition Law Merger Control Joint Control Acquisition

Case Brief

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Parties

KKR & CO. L. P.

Acquirer

Japan Industrial Partners, INC.

Acquirer

Hitachi Kokusai Electric INC's Video and Communication Solutions Business

Target

Procedural Posture

Merger Clearance / Phase 1 Determination

Legal Issues

  1. 1 Whether the proposed joint acquisition of Hitachi Kokusai Electric INC's Video and Communication Solutions Business by KKR & CO. L. P. and Japan Industrial Partners, INC. raises competition concerns.

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition does not raise competition concerns and cleared the transaction in Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition by KKR & CO. L. P. and Japan Industrial Partners, INC. of joint control of Hitachi Kokusai Electric INC's Video and Communication Solutions Business is cleared.