IBRC/Slieve Russell & QFHU
Transaction details
The proposed acquisition of sole control of Slieve Russell Hotel Limited and Quinn Finance Holding Unlimited Company by Irish Bank Resolution Corporation Limited (in Special Liquidation) has been cleared by the CCPC.
Case details
- Notification date:18 November 2019
- Publication date:18 November 2019
- Economic sector:Accommodation & food service - I
- Economic sub-sector:Accommodation - I.55
- Outcome:Cleared
Documents
M.19.036 Merger AnnouncementPDF | 117 KBM.19.036 Merger Announcement PDF | 117 KB - Opens in new window
M.19.036 DeterminationPDF | 273 KBM.19.036 Determination PDF | 273 KB - Opens in new window
Timetable
Parties Involved
Irish Bank Resolution Corporation Limited
Irish Bank Resolution Corporation Limited (IBRC) was constituted following nationalisation of Anglo Irish Bank Corporation Limited and Irish Nationwide Building Society.
Slieve Russell Hotel Limited
Slieve Russell Hotel Limited holds 100% of the shares in the Slieve Russell Hotel Property Limited, which owns and operates the Slieve Russell Hotel, a 4 star hotel located in Ballyconnell, Co. Cavan.
Quinn Finance Holding Unlimited Company
Quinn Finance Holding Unlimited Company was incorporated in 2006 and owns 100% of the shares in Quinn Hospitality Ireland Limited. Quinn Hospitality Ireland Limited owns a number of companies which own Public Houses and a Hotel property in Dublin.
Contacts
Tommy Burke tommyburke@ccpc.ie
