Transaction details
The proposed acquisition of the Ballsbridge Hotel, the apartments formerly known as the Berkeley Court Apartments and the Clyde Court Hotel by Green Bridge B 1998 Limited, has been cleared by the Competition and Consumer Protection Commission.
| Economic sector | Media merger |
| The industry sectors involved are the hotel sector the property sector (notably multi-unit residential and office investment property. | No |
Notification date: Wednesday, July 29, 2015
| Parties Involved | Business activities |
| Green Bridge B 1998 Limited | Green Bridge B 1998 Limited is an entity ultimately wholly-owned by Abu Dhabi Investment Authority. Abu Dhabi Investment Authority was established by the Government of the Emirate of Abu Dhabi in 1976 as an independent investment institutions. |
| The Ballsbridge Hotel | The Ballsbridge Hotel is a four star hotel located in Ballsbridge. |
| The Apartments formerly known as Berkeley Court Apartments | The Apartments formerly known as Berkeley Court Apartments are also situated in Ballsbridge and comprise 15 residential units and 2 small office units. |
| The Clyde Court Hotel | The Clyde Court Hotel is a four star hotel with 185 rooms situated in Ballsbridge. |
| Case Officer Assigned | Contact Details |
| Andrew Rae | Tel: 01-470 3671, e-mail: [email protected] |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Friday, August 14, 2015 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, September 3, 2015
