# C_2023187EN.01000901.xml

| 30.5.2023 | EN | Official Journal of the European Union | C 187/9 |
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30.5.2023

EN

Official Journal of the European Union

C 187/9

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Prior notification of a concentration

(Case M.11126 – TOWERBROOK / LOV GROUP / ELOCGA / THE INDEPENDENTS)

Candidate case for simplified procedure

(Text with EEA relevance)

(2023/C 187/08)

1.

This notification concerns the following undertakings:

| — | TowerBrook Capital Partners L.P. (‘TowerBrook’, USA), |
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TowerBrook Capital Partners L.P. (‘TowerBrook’, USA),

| — | Lov Group / the Courbit family (‘LOV Group’, France), |
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Lov Group / the Courbit family (‘LOV Group’, France),

| — | ELOCGA (Luxembourg), |
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ELOCGA (Luxembourg),

| — | The Independents and its subsidiaries (‘The Independents Group’, Luxembourg). |
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The Independents and its subsidiaries (‘The Independents Group’, Luxembourg).

Towerbrook, LOV Group and ELOCGA will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of The Independents Group.

The concentration is accomplished by way of purchase of shares.

2.

| — | TowerBrook is an investment management firm investing in large and medium-sized European and North American companies, |
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TowerBrook is an investment management firm investing in large and medium-sized European and North American companies,

| — | LOV Group is a French holding company mainly active in the entertainment industry, via FL Entertainment, as well as in the luxury hotel and food sectors. FL Entertainment is itself active in the production of audio-visual content via Banijay and the online gambling sector through Betclic Everest Group, |
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LOV Group is a French holding company mainly active in the entertainment industry, via FL Entertainment, as well as in the luxury hotel and food sectors. FL Entertainment is itself active in the production of audio-visual content via Banijay and the online gambling sector through Betclic Everest Group,

| — | ELOCGA is the holding company of the founders of The Independents Group, who also conduct business outside of The Independents Group in the consumer goods sector, and |
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ELOCGA is the holding company of the founders of The Independents Group, who also conduct business outside of The Independents Group in the consumer goods sector, and

| — | The Independents Group is an international marketing communications services group operating worldwide, mainly active in the markets for advertising, marketing, and communication services. |
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The Independents Group is an international marketing communications services group operating worldwide, mainly active in the markets for advertising, marketing, and communication services.

3.

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.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11126 – TOWERBROOK / LOV GROUP / ELOCGA / THE INDEPENDENTS

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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