M/04/071 – Kantaka Enterprises Limited / RBS Hotel Investments (Ireland) Limited
Proposal whereby Kantaka Enterprises Limited (“Kantaka”) would purchase the entire issued share capital of RBS Hotel Investments (Ireland) Limited (“RBS”) (“the proposed acquisition”).
|Notification date||Decision date|
|Friday December 3, 2004||Tuesday, December 21, 2004|
|Parties Involved||Business activities|
|Kantaka Enterprises Limited||
consortium of five investors:
|RBS Hotel Investments (Ireland) Limited||
RBS is a subsidiary of Royal Bank of Scotland plc and was established for the specific purpose of acquiring and holding title to the Shelbourne Hotel (“Shelbourne”), Stephen’s Green, Dublin 2. The only business activity of RBS is that of landlord, as the Shelbourne Hotel is leased to and run by a third party company.
|Economic sector||Media merger|
|Submissions from third parties due by:|
|Phase 1||Phase 2|
|Current status: Completed|
|Preliminary investigation (Phase 1)|
|Authorised Officer Assigned||Contact Details|
Media enquiries: MKC Communications: 01 7038600