M/18/042 - Oaktree/Alanis/Lioncor (JV)
Transaction details
The proposed acquisition by certain funds managed and advised by Oaktree Capital Group LLC, and Alanis Capital Limited of joint control of Lioncor Developments Limited has been cleared, subject to binding commitments, by the Competition and Consumer Protection Commission.
Notification date | Decision date |
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Tuesday May 22, 2018 | Wednesday, September 12, 2018 |
Parties Involved | Business activities |
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Oaktree Capital Group LLC | Oaktree Capital Group LLC is a global alternative and non-traditional investment management firm. Its investments in the State include operational retail assets, office developments assets, sites for residential development as well as other distressed assets. |
Alanis Capital Limited | Alanis Capital Limited is involved in property asset and development management. In the State, an Alanis group company currently carries out residential development management services for two development sites. |
Lioncor Developments Limited | Lioncor Developments Limited is a residential property development management company that will provide development management services to companies that own residential development sites. |
Economic sector | Media merger |
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Residential property development management | No |
Submissions from third parties due by: |
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Phase 1 | Phase 2 |
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Tuesday, June 5, 2018 | |
Date of Requirement for Information | Date Information Received |
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Friday, June 29, 2018 | Friday, July 20, 2018 |
Current status: Completed |
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Cleared with agreed measures (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Emily Thornton | Tel: (+353) 1 4703607 Email: emilythornton@ccpc.ie |