M/21/027 – Kennedy Wilson/AXA – LeisurePlex JV
The proposed transaction whereby Kennedy-Wilson Holdings, Inc. and Avicdale Ltd., a company indirectly controlled by AXA S.A., intend to create a fully functional joint venture to develop, acquire, hold and manage private rented accommodation in County Dublin, has been cleared by the Competition and Consumer Protection Commission.
|Notification date||Decision date|
|Friday May 21, 2021||Thursday, June 10, 2021|
|Parties Involved||Business activities|
|Kennedy-Wilson Holdings, Inc.||
Kennedy-Wilson Holdings, Inc. is a real estate investment company that owns, develops, operates, and invests in real estate. It also provides real estate asset management services primarily to financial services clients. Kennedy-Wilson Holdings, Inc. has 12 offices throughout the U.S., U.K., Ireland, Jersey, Spain, and Luxembourg.
AXA S.A. is the holding company of the AXA Group. The AXA Group is a global insurance group headquartered in Paris. The group companies of AXA S.A. are active in life, health and other forms of insurance, as well as in investment management.
LeisurePlex is located in Stillorgan, Dublin and was previously a bowling leisure complex. The existing structure on the LeisurePlex site has recently been demolished and it will be developed into a private residential rental property.
|Economic sector||Media merger|
|Real Estate Services||No|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Friday, June 4, 2021|
|Current status: Completed|
|Simplified Merger Notification|
|Authorised Officer Assigned||Contact Details|
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