# C_2006228EN.01001601.xml

| 22.9.2006 | EN | Official Journal of the European Union | C 228/16 |
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22.9.2006

EN

Official Journal of the European Union

C 228/16

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Prior notification of a concentration

(Case COMP/M.4264 — Cerberus/GMAC)

Candidate case for simplified procedure

(2006/C 228/09)

(Text with EEA relevance)

| 1. | On 14 September 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Cerberus Group (‘Cerberus’, USA) via the acquisition vehicle FIM Holdings LLC (‘FIM’, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking General Motors Acceptance Corporation (‘GMAC’, USA) by way of purchase of shares. |
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1.

On 14 September 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Cerberus Group (‘Cerberus’, USA) via the acquisition vehicle FIM Holdings LLC (‘FIM’, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking General Motors Acceptance Corporation (‘GMAC’, USA) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | Cerberus is active in investment in real property and personal property worldwide and is ultimately controlled by Mr Stephen A. Feinberg, |
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2.

The business activities of the undertakings concerned are:

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Cerberus is active in investment in real property and personal property worldwide and is ultimately controlled by Mr Stephen A. Feinberg,

| — | GMAC is active in the EEA in motor-related activities (e.g. loan and leasing finance for motor vehicles, motor policy reinsurance, second hand vehicle sales, fleet management services), financial services (e.g. factoring, commercial lending, residential mortgage lending) and employee relocation services. |
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GMAC is active in the EEA in motor-related activities (e.g. loan and leasing finance for motor vehicles, motor policy reinsurance, second hand vehicle sales, fleet management services), financial services (e.g. factoring, commercial lending, residential mortgage lending) and employee relocation services.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4264 — Cerberus/GMAC, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4264 — Cerberus/GMAC, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004, p. 1.

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(2)  OJ C 56, 5.3.2005, p. 32.

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