M/16/022 – HNA / Lenlyn Holdings
Transaction details
The proposed acquisition by HNA Group Co. Limited, though its indirect majority owned subsidiary Yuan Jing ICE Co. Limited, of sole control of of certain businesses and assets of Lenlyn Holdings Ltd has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday May 13, 2016 | Thursday, June 23, 2016 |
| Parties Involved | Business activities |
|---|---|
| HNA Group Co. Ltd | HNA Group Co. Ltd is a China-based conglomerate involved in various sectors including aviation, transport, tourism and logistics |
| Lenlyn Holdings Limited | Lenlyn Holdings Limited is a UK-based Holdings company, The business and assets to be acquired are involved in financial services including foreign exchange transactions. |
| Economic sector | Media merger |
|---|---|
| Financial Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, May 27, 2016 | |
| Current status: Completed |
|---|
| None |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Phone: 01-470- 3696 Email: BarryODonnell@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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