Transaction details
The proposed acquisition by HNA Group Co. Limited, though its indirect majority owned subsidiary Yuan Jing ICE Co. Limited, of sole control of of certain businesses and assets of Lenlyn Holdings Ltd has been cleared by the Competition and Consumer Protection Commission.
| Economic sector | Media merger |
| Financial Services | No |
Notification date: Friday, May 13, 2016
| Parties Involved | Business activities |
| HNA Group Co. Ltd | HNA Group Co. Ltd is a China-based conglomerate involved in various sectors including aviation, transport, tourism and logistics |
| Lenlyn Holdings Limited | Lenlyn Holdings Limited is a UK-based Holdings company, The business and assets to be acquired are involved in financial services including foreign exchange transactions. |
| Case Officer Assigned | Contact Details |
| Barry O'Donnell | Phone: 01-470- 3696
Email: [email protected] |
|
Media Enquiries |
MKC Communications: 01 7038600 |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Friday, May 27, 2016 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, June 23, 2016
