M/18/062 - Vermilion Oil & Gas / SEPIL (Shell) [2018] IECompA m18062 (5 September 2018)

M/18/062 - Vermilion Oil & Gas / SEPIL (Shell) [2018] IECompA m18062 (5 September 2018)

The Commission determined that the acquisition would not result in a substantial lessening of competition in the production and wholesale of natural gas in Ireland and therefore cleared the transaction under Phase 1.

Parties
Acquirer: Vermilion Oil and Gas Ireland Limited; Target: Shell E&P Ireland Limited; Seller: CPP Investment Board Europe S.ár.l.
Jurisdiction
Ireland
Judgment Date
05 September 2018
Procedural Posture
Merger Clearance / Phase 1 Decision
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Energy Sector

Case Brief

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Parties

Vermilion Oil and Gas Ireland Limited

Acquirer

Shell E&P Ireland Limited

Target

CPP Investment Board Europe S.ár.l.

Seller

Procedural Posture

Merger Clearance / Phase 1 Decision

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

Ratio Decidendi

The Commission determined that the acquisition would not result in a substantial lessening of competition in the production and wholesale of natural gas in Ireland and therefore cleared the transaction under Phase 1.

Court Disposition

cleared

Orders

  • Acquisition by Vermilion Oil and Gas Ireland Limited of Shell E&P Ireland Limited is approved