M/19/004 - Star Capital/ ASL Aviation [2019] IECompA m19004 (12 March 2019)

M/19/004 - Star Capital/ ASL Aviation [2019] IECompA m19004 (12 March 2019)

The Competition and Consumer Protection Commission found 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: STAR Capital Partnership LLP; Acquirer Vehicle: Star Throne Midco Designated Activity Company; Target: ASL Aviation Holdings Designated Activity Company
Jurisdiction
Ireland
Judgment Date
12 March 2019
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Notification, Acquisition Clearance
Competition Law Merger Notification Acquisition Clearance

Case Brief

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Parties

STAR Capital Partnership LLP

Acquirer

Star Throne Midco Designated Activity Company

Acquirer Vehicle

ASL Aviation Holdings Designated Activity Company

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of ASL Aviation Holdings DAC by STAR Capital Partnership LLP through Star Throne Midco DAC should be cleared under Irish competition law

Ratio Decidendi

The Competition and Consumer Protection Commission found 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

cleared

Orders

  • The proposed acquisition is cleared and may proceed.