# C_2007055EN.01003101.xml

| 10.3.2007 | EN | Official Journal of the European Union | C 55/31 |
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10.3.2007

EN

Official Journal of the European Union

C 55/31

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Prior notification of a concentration

(Case COMP/M.4610 — TPG V/Apollo/Harrah's)

Candidate case for simplified procedure

(Text with EEA relevance)

(2007/C 55/09)

| 1. | On 28 February 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings TPG Advisors V Inc. (‘TPG V’, USA) and Apollo Management L.P. (‘Apollo’, USA) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Harrah's Entertainment Inc. (‘Harrah's’, USA) by way of purchase of shares in a company constituting a joint venture. |
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1.

On 28 February 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings TPG Advisors V Inc. (‘TPG V’, USA) and Apollo Management L.P. (‘Apollo’, USA) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Harrah's Entertainment Inc. (‘Harrah's’, USA) by way of purchase of shares in a company constituting a joint venture.

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






  — | for undertaking TPG V: private equity fund; |
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2.

The business activities of the undertakings concerned are:

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for undertaking TPG V: private equity fund;

| — | for undertaking Apollo: private equity fund; |
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for undertaking Apollo: private equity fund;

| — | for undertaking Harrah's: owner and operator of casino entertainment facilities. |
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for undertaking Harrah's: owner and operator of casino entertainment facilities.

| 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.4610 — TPG V/Apollo/Harrah's, 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.4610 — TPG V/Apollo/Harrah's, 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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