M/18/091 - Mirova (BPCE)/Axione (Bouygues) [2018] IECompA m18091 (21 December 2018)
The Commission found that the proposed acquisition would not substantially lessen competition in any market and therefore cleared the transaction.
- Parties
- Acquirer: Banques Populaires Caisses D’Epargne SA (through Mirova); Target: Axione SAS (part of Bouygues Group)
- Jurisdiction
- Ireland
- Judgment Date
- 21 December 2018
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared (Phase 1)
- Legal Topics
- Merger Control, Joint Control Acquisition, Telecommunications Sector
Case Brief
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Parties
Banques Populaires Caisses D’Epargne SA (through Mirova)
Acquirer
Axione SAS (part of Bouygues Group)
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of joint control of Axione SAS by Mirova (BPCE) raises competition concerns
Ratio Decidendi
The Commission found that the proposed acquisition would not substantially lessen competition in any market and therefore cleared the transaction.
Court Disposition
Cleared (Phase 1)
Orders
- The proposed acquisition is cleared and may proceed.
Full Case Text
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