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Kantaka Enterprises Limited/RBS Hotel Investments (Ireland) Limited

M/04/071

Completed

Transaction details

Proposal whereby Kantaka Enterprises Limited (“Kantaka”) would purchase the entire issued share capital of RBS Hotel Investments (Ireland) Limited (“RBS”) (“the proposed acquisition”).
Case details
  • Notification date:3 December 2004
  • Publication date:3 December 2004
  • Economic sector:Real estate activities - M
  • Economic sub-sector:Real estate activities - M.68
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 3 December, 2004 Notification received
  • Thursday, 16 December, 2004 Third party submission deadline
  • Tuesday, 21 December, 2004 Determination issued
Parties Involved

Kantaka Enterprises Limited

Consortium of five investors.

 

RBS Hotel Investments (Ireland) Limited

RBS is a subsidiary of Royal Bank of Scotland plc and was established for the specific purpose of acquiring and holding title to the Shelbourne Hotel (“Shelbourne”), Stephen’s Green, Dublin 2. The only business activity of RBS is that of landlord, as the Shelbourne Hotel is leased to and run by a third party company.
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