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
Legal Issues
- 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
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