Regent Acquisitions Limited (Royal Bank of Scotland Group plc)/ Winset Investments Limited (TTT Moneycorp) [2006] IECompA m06085 (28 November 2006)

Regent Acquisitions Limited (Royal Bank of Scotland Group plc)/ Winset Investments Limited (TTT Moneycorp) [2006] IECompA m06085 (28 November 2006)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in any market in the State.

Parties
Acquirer: Regent Acquisitions Limited (Royal Bank of Scotland Group plc); Target: Winset Investments Limited (TTT Moneycorp)
Jurisdiction
Ireland
Judgment Date
28 November 2006
Procedural Posture
Merger Notification / Phase 1 Determination
Outcome
Cleared (Phase 1)
Legal Topics
Merger Notification, Foreign Exchange Services, Media Merger
Competition Law Merger Control Merger Notification Foreign Exchange Services Media Merger

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Parties

Regent Acquisitions Limited (Royal Bank of Scotland Group plc)

Acquirer

Winset Investments Limited (TTT Moneycorp)

Target

Procedural Posture

Merger Notification / Phase 1 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 proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it does not substantially lessen competition in any market in the State.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition of Winset Investments Limited by Regent Acquisitions Limited is approved.