M/17/046 – Hammerson/Teba
Transaction details
The proposed acquisition by Hammerson plc of sole control of the Pavilions Shopping Centre I & II, Swords, Co. Dublin from Teba Unlimited Company has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday August 9, 2017 | Thursday, September 14, 2017 |
| Parties Involved | Business activities |
|---|---|
| Hammerson PLC | Hammerson is active in the commercial real estate sector. Its portfolio includes investments in prime shopping centres in the UK, Ireland and France, retail parks in the UK and premium retail outlets across Europe. |
| Teba Unlimited Company | Teba Unlimited Company currently owns a 50% interest in the Pavilions Shopping Centre I & II, Swords, Co. Dublin. Teba is ultimately 100% owned by Joe O'Reilly. |
| Economic sector | Media merger |
|---|---|
| Retail real estate sector | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, August 23, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Emily Thornton | Tel: (+353)1 470 3607 |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555