M/19/033 - CDC / La Poste [2019] IECompA m19033 (18 December 2019)
The acquisition was cleared as it did not raise competition concerns under Irish law.
- Parties
- Acquirer: Caisse des Dépôts et Consignations; Target: La Poste S.A.; Subsidiary: CNP Assurances
- Jurisdiction
- Ireland
- Judgment Date
- 18 December 2019
- Procedural Posture
- Merger Clearance / Phase 1 Decision
- Outcome
- cleared
- Legal Topics
- Merger Control, Acquisition, Sole Control, Indirect Control
Case Brief
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Parties
Caisse des Dépôts et Consignations
Acquirer
La Poste S.A.
Target
CNP Assurances
Subsidiary
Procedural Posture
Merger Clearance / Phase 1 Decision
Legal Issues
- 1 Whether the proposed acquisition by CDC of sole control of La Poste S.A. and indirect control of CNP Assurances complies with Irish competition law and should be cleared.
Ratio Decidendi
The acquisition was cleared as it did not raise competition concerns under Irish law.
Court Disposition
cleared
Orders
- The proposed acquisition by CDC of sole control of La Poste S.A. and indirect control of CNP Assurances is cleared.
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