ESB/Northern Ireland Electricity plc
Transaction details
The Competition Authority today, 29 October 2010, cleared the proposed transaction whereby ESB would acquire NIE plc and its subsidiaries and certain other subsidiaries from Viridian Capital Limited and Virdiain Group Limited subject to commitments.
Case details
- Notification date:4 August 2010
- Publication date:4 August 2010
- Economic sector:Construction - F
- Economic sub-sector:Specialised construction - F.43
- Request for information:Yes
- Outcome:Cleared with proposals
Documents
M.10.026 Merger AnnouncementPDF | 50 KBM.10.026 Merger Announcement PDF | 50 KB - Opens in new window
M.10.026 DeterminationPDF | 1768 KBM.10.026 Determination PDF | 1768 KB - Opens in new window
Timetable
Parties Involved
Electricity Supply Board
ESB is active in the energy sector in Ireland and Northern Ireland. It is a vertically-integrated energy corporation with operations at all levels of the energy sector including power generation, electricity transmission, electricity distribution, and the retail supply of electricity.
Northern Ireland Electricity plc
NIE owns the regulated electricity transmission and distribution systems, and operates the electricity distribution system in Northern Ireland.
Contacts
