A PYMNTS Company

Ireland: 2012 continued downward slope for major merger activity

By  |  January 4, 2013

The Irish Competition Authority has reported a 17.5 percent drop in large merger activity compared with last year, according to reports. According to Authority figure, 33 deals were examined in 2012, six of which are still under investigation; that figure is compared to 40 merger proposals examined in 2011. The figures show a “substantial” decline in merger activity in the last few years, likely due to a weakened economy. Reports note that at the peak of Ireland’s economy in 2006, 98 mergers were examined by the Authority. The figures do not include those occurring between smaller companies, however; regulations call for the Competition Authority to review any merger between companies whose turnover is $52.74 or more.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Irish Times

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.