M/17/048 – CPPIB / Shell E&P Ireland
Transaction details
The proposed acquisition by Canada Pension Plan Investment Board (CPPIB), through its wholly-owned indirect subsidiary CPP Investment Board Europe S.ár.l., of the entire issued share capital and thus sole control of Shell E&P Ireland Limited (SEPIL) has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Monday August 14, 2017 | Thursday, September 21, 2017 |
| Parties Involved | Business activities |
|---|---|
| CPPIB | Canada Pension Plan Investment Board (CPPIB) is a professional investment management organisation headquartered in Toronto, Canada and which invests the funds of Canada Pension Plan, operating four investment departments. CPP Investment Board Europe is the European arm of CPPIB and is headquartered in Luxembourg. |
| SEPIL | Shell E&P Ireland is a private limited company registered in the State, ultimately owned by Royal Dutch Sheel plc and as such part of the Shell Group. SEPIL owns part of and operates the Corrib Gas Field. |
| Economic sector | Media merger |
|---|---|
| Natural Gas | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, August 29, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Joseph Walser | Tel: (+353)1 470 3678 e-mail: jospehwalser@ccpc.ie |
Media enquiries: MKC Communications: 01 703 8600
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