M/19/033 - CDC / La Poste [2019] IECompA m19033 (18 December 2019)

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

  1. 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.