Transaction details
The proposed acquisition of sole control of the Jurys Inn Group by LSF Irish Holdings XLIV Limited, has been cleared by the Competition and Consumer Protection Commission.
| Economic sector | Media merger |
| Hotel/hospitality sector | No |
Notification date: Tuesday, January 27, 2015
| Parties Involved | Business activities |
| LSF Irish Holdings XLIV Limited | LSF is an Irish incorporated special purpose vehicle. Lone Star Real Estate Fund III (U.S.), L.P. and Lone Star Real Estate Fund III (Bermuda), L.P., are global private equity funds which invest in commercial real estate and commercial real estate-related assets. |
| Vesaway Limited t/a Jurys Inn Group | Jurys Inn Group operates 31 hotels on Ireland, the UK and the Czech Republic. |
| LSF is an Irish incorporated special purpose vehicle. Lone Star Real Estate Fund III (U.S.), L.P. and Lone Star Real Estate Fund III (Bermuda), L.P., are global private equity funds which invest in commercial real estate and commercial real estate-related assets. |
| Jurys Inn Group operates 31 hotels on Ireland, the UK and the Czech Republic. |
The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is:
| Phase 1 |
| Friday, February 6, 2015 |
|
Current status |
Completed |
Cleared (Phase 1) |
Decision date: Thursday, March 5, 2015
