M/19/038 - Blackstone Group/SPT Cedar [2019] IECompA m19038 (20 December 2019)

M/19/038 - Blackstone Group/SPT Cedar [2019] IECompA m19038 (20 December 2019)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Parties
Acquirer: The Blackstone Group Inc.; Target: SPT Cedar Intermediate LLC
Jurisdiction
Ireland
Judgment Date
20 December 2019
Procedural Posture
Merger Clearance / Final Determination
Outcome
merger cleared
Legal Topics
Merger Control, Acquisition, Sole Control
Competition Law Merger Control Acquisition Sole Control

Case Brief

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Parties

The Blackstone Group Inc.

Acquirer

SPT Cedar Intermediate LLC

Target

Procedural Posture

Merger Clearance / Final Determination

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.

Court Disposition

merger cleared

Orders

  • The proposed acquisition is cleared.