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CPPIB/Shell E&P Ireland

M/17/048

Completed

Transaction details

The proposed acquisition by Canada Pension Plan Investment Board (CPPIB), through its wholly-owned indirect subsidiary CPP Investment Board Europe S.ár.l., of the entire issued share capital and thus sole control of Shell E&P Ireland Limited (SEPIL) has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:13 August 2017
  • Publication date:13 August 2017
  • Economic sector:Supply of electricity, gas & other - D
  • Economic sub-sector:Energy & air conditioning supply - D.35
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 14 August, 2017 Notification received
  • Tuesday, 29 August, 2017 Third party submission deadline
  • Thursday, 21 September, 2017 Determination issued
Parties Involved

CPPIB

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organisation headquartered in Toronto, Canada and which invests the funds of Canada Pension Plan, operating four investment departments. CPP Investment Board Europe is the European arm of CPPIB and is headquartered in Luxembourg.

 

SEPIL

Shell E&P Ireland is a private limited company registered in the State, ultimately owned by Royal Dutch Sheel plc and as such part of the Shell Group. SEPIL owns part of and operates the Corrib Gas Field.
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