Transaction details
The proposed acquisition of negative sole control of Beats Electronics, LLC by CP V Riverdale LP (Carlyle) has been cleared by the Competition Authority.
| Economic sector | Media merger |
| Carlyle is a global alternative asset manager. Beats is active in the consumer audio electronics sector. | No |
Notification date: Tuesday, October 1, 2013
| Parties Involved | Business activities |
| CP V Riverdale LP | The Carlyle Group is an alternative asset manager. |
| Beats Electronics, LLC | Beats manufactures and sells audio products in the United States, Europe, Latin America and Asia. |
| Kindle Group Limited | |
| ACT Group plc | |
| Case Officer Assigned | Contact Details |
| Barry O'Donnell | Tel: 01-804 5396, e-mail: bod@tca.ie |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Monday, October 14, 2013 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, October 17, 2013
