Sanbra Fyffe Ltd / Share Purchase Agreement
Jurisdiction | Ireland |
Judgment Date | 21 June 1999 |
Date | 21 June 1999 |
Docket Number | Decision No. 558 |
Court | Competition Authority (Ireland) |
COMPETITION AUTHORITY
Decision No. 558
Competition Law – Share Purchase Agreement – Application for a certificate, or in the alternative, a licence - Competition Act 1991, section 4
Sanbra Fyffe Ltd notified the competition authority in 1992 of a share purchase agreement which entitled the management of the company to buy out its shares. However, the agreement has expired and the authority will not issue a certificate or licence which would have no legal consequence. The Competition Authority so held without considering whether or not the agreement merited a licence or certificate.
Notification was made by Sanbra Fyffe Ltd on 30 September 1992 with a request for a certificate under...
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