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Irish Competition Authority Decisions
You are here: BAILII >> Databases >> Irish Competition Authority Decisions >> M/20/002 - Kyanite/Keppel [2020] IECompA m20002 (26 February 2020)
URL: http://www.bailii.org/ie/cases/IECompA/2020/m20002.html
Cite as: [2020] IECompA m20002
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M/20/002 - Kyanite/Keppel
Page Attachments
2020.02.26 Merger Announcement M-20-0022020.05.21 M-20-002 Kyanite-Keppel Public Version
Transaction details
The proposed transaction whereby Kyanite Investment Holdings Pte. Ltd. would acquire sole control of Keppel Corporation Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday February 7, 2020 | Wednesday, February 26, 2020 |
| Parties Involved | Business activities |
|---|---|
| Kyanite Investment Holdings Pte. Ltd. | Kyanite Investment Holdings Pte. Limited is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited which is in turn owned by the Government of Singapore. Temasek owns a portfolio of investments, mainly in Singapore and Asia. Temasek has a controlling interest in a number of companies active in the State. |
| Keppel Corporation Limited | Keppel Corporation Limited is a Singaporean company with four main business divisions: Infrastructure, Investments, Offshore and Marine, and Property. Keppel owns two data centres in the State. |
| Economic sector | Media merger |
|---|---|
| Information and Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, February 20, 2020 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Harry Costello | T: +353 1 402 5512 |