Transaction details
The proposed acquisition of joint control of Arnotts Holdings Limited by Fitzwilliam Finance Partners Limited/Wittington Investments, Limited and Investment Funds Managed by Affiliates of Apollo Management, L.P., has been cleared by the Competition Authority.
| Economic sector | Media merger |
| Non-food retail sector. | No |
Notification date: Wednesday, March 19, 2014
| Parties Involved | Business activities |
| Fitzwilliam Finance Partners Limited | Fitzwiliam is a property company founded for the sole purpose of acquiring the debt/equity in Arnotts Holdings Limited, with a view to securing an operator for the main Arnotts store and developing the peripheral properties owned by Arnotts. |
| Wittington Investments, Limited | Wittington Canada is the holding company for the Weston Group, Wittington Properties and the Selfridges Group. The Weston Group owns a number of public and private entities. Wittington Properties has a number of real estate holdings and investment land positions in Canada and the United States. The Selfridges Group owns and operates a number of luxury multi-category retailers worldwide, including Brown Thomas, in Ireland. |
| Arnotts Holdings Limited | Arnotts is a multi-category retailer with a mix of own label and branded products. |
| Case Officer Assigned | Contact Details |
| Barry O'Donnell | Tel: 01-804 5396, 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 |
| Monday, March 31, 2014 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Tuesday, May 27, 2014
