M/19/036 – IBRC/Slieve Russell & QFHU

Transaction details

The proposed acquisition of sole control of Slieve Russell Hotel Limited and Quinn Finance Holding Unlimited Company by Irish Bank Resolution Corporation Limited (in Special Liquidation) has been notified to the CCPC.

Notification date Decision date
Monday November 18, 2019
Parties Involved Business activities
Irish Bank Resolution Corporation Limited

Irish Bank Resolution Corporation Limited (IBRC) was constituted following nationalisation of Anglo Irish Bank Corporation Limited and Irish Nationwide Building Society.

Slieve Russell Hotel Limited

Slieve Russell Hotel Limited holds 100% of the shares in the Slieve Russell Hotel Property Limited, which owns and operates the Slieve Russell Hotel, a 4 star hotel located in Ballyconnell, Co. Cavan.

Quinn Finance Holding Unlimited Company

Quinn Finance Holding Unlimited Company was incorporated in 2006 and owns 100% of the shares in Quinn Hospitality Ireland Limited. Quinn Hospitality Ireland Limited owns a number of companies which own Public Houses and a Hotel property in Dublin.

Economic sector Media merger
Real Estate No
Submissions from third parties due by:
Phase 1 Phase 2
Tuesday, December 3, 2019
Current status: Active
Preliminary investigation (Phase 1)
Authorised Officer Assigned Contact Details
Tommy Burke

Tel: (+353)1 402 5503

E-mail: tommyburke@ccpc.ie

Media enquiries: communications@ccpc.ie

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