M/17/044 - Kennedy Wilson Holdings/Kennedy Wilson Europe Real Estate [2017] IECompA m17044 (8 September 2017)

M/17/044 - Kennedy Wilson Holdings/Kennedy Wilson Europe Real Estate [2017] IECompA m17044 (8 September 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: Kennedy Wilson Holdings, Inc.; Target: Kennedy Wilson Europe Real Estate PLC.
Jurisdiction
Ireland
Judgment Date
08 September 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition, Sole Control, Real Estate Sector
Competition Law Merger Control Acquisition Sole Control Real Estate Sector

Case Brief

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Parties

Kennedy Wilson Holdings, Inc.

Acquirer

Kennedy Wilson Europe Real Estate PLC.

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control by Kennedy Wilson Holdings, Inc. over Kennedy Wilson Europe Real Estate PLC. is compatible with competition law requirements.

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 by Kennedy Wilson Holdings, Inc. of sole control of Kennedy Wilson Europe Real Estate PLC. is cleared.