M/04/071 – Kantaka Enterprises Limited / RBS Hotel Investments (Ireland) Limited

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m_04_071_p1d_0

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”).

Notification date Decision date
Friday December 3, 2004 Tuesday, December 21, 2004
Parties Involved Business activities
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.

Economic sector Media merger
Hotels No
Submissions from third parties due by:
Phase 1 Phase 2
Current status: Completed
Preliminary investigation (Phase 1)
Authorised Officer Assigned Contact Details
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Media enquiries: MKC Communications: 01 7038600

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