M/17/054 – KKR/Pepper
Transaction details
The proposed acquisition by KKR Credit Advisors (US) LLC of sole control of Pepper Group Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday October 3, 2017 | Tuesday, November 7, 2017 |
| Parties Involved | Business activities |
|---|---|
| KKR Credit Advisors (US) LLC | KKR Credit Advisors (US) LLC is an indirect subsidiary of KKR & Co L.P., a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit and, through its strategic partners, hedge funds. |
| Pepper Group Limited | Pepper Group Limited provides retail residential mortgage lending and related financial services in the State. |
| Economic sector | Media merger |
|---|---|
| Financial Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, October 17, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Email: barryodonnell@ccpc.ie |
Media enquiries: doireannsweeney@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555