MMRJ -with- Dennis Eagle (Financial _ Vehicles) [2003] IECompA M03044 (22 December 2003)

MMRJ -with- Dennis Eagle (Financial _ Vehicles) [2003] IECompA M03044 (22 December 2003)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Citation
[2003] IECompA M03044
Parties
Acquirer: MMRJ Ltd; Target: Denis Eagle Ltd; Seller: Vehicle Solutions N.V.; Controller of Acquirer: ABN AMRO Capital Ltd
Jurisdiction
Ireland
Judgment Date
22 December 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Acquisition of Shares, Control of Undertakings
Competition Law Merger Control Merger Notification Acquisition of Shares Control of Undertakings

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Parties

MMRJ Ltd

Acquirer

Denis Eagle Ltd

Target

Vehicle Solutions N.V.

Seller

ABN AMRO Capital Ltd

Controller of Acquirer

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Denis Eagle Ltd by MMRJ Ltd raises competition concerns under Irish merger control law.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved and may proceed.