M/23/058 – EIM / Certain Assets of the Press Up Group
Transaction details
The proposed acquisition by Elliott Investment Management L.P., through its indirectly solely controlled subsidiary Luxembourg Investment Company 459 S.À.R.L, of sole control of certain assets of the Press Up Group, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday November 2, 2023 | Wednesday, November 15, 2023 |
| Parties Involved | Business activities |
|---|---|
| Elliott Investment Management L.P. | An investment management firm that holds investments in a number of portfolio companies. These portfolio companies are active across a variety of sectors, such as banking, finance and insurance; asset management; leasing; manufacturing; energy; hospitality; logistics and mobility; IT and telecommunications; and food and beverage. |
| Keillan Limited | Keillan Limited is a subsidiary of the Press Up Group operating a number of hotels including, The Dean Dublin, The Mayson Dublin, The Clarence Dublin, The Devlin Dublin, The Leinster Dublin, The Glasson Lakehouse, The Dean Galway, and The Dean Cork and other properties. |
| Economic sector | Media merger |
|---|---|
| Hospitality | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, November 16, 2023 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Ciarán Dorrian | ciarandorrian@ccpc.ie |
Media enquiries: communications@ccpc.ie
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