# C_2013118EN.01003701.xml

| 25.4.2013 | EN | Official Journal of the European Union | C 118/37 |
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25.4.2013

EN

Official Journal of the European Union

C 118/37

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Prior notification of a concentration

(Case COMP/M.6919 — KKR/Bregal Fund/Avenia/Cognita)

Candidate case for simplified procedure

(Text with EEA relevance)

2013/C 118/12

| 1. | On 16 April 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking KKR & Co. LP (‘KKR’, United States) and Bregal Fund III LP (‘Bregal Fund III’, Jersey), ultimately controlled by Avenia AG (Switzerland), acquire joint control of Cognita Holdings Limited (‘Cognita’, UK) within the meaning of Article 3(1) (b) of the Merger Regulation by way purchase of shares. |
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1.

On 16 April 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking KKR & Co. LP (‘KKR’, United States) and Bregal Fund III LP (‘Bregal Fund III’, Jersey), ultimately controlled by Avenia AG (Switzerland), acquire joint control of Cognita Holdings Limited (‘Cognita’, UK) within the meaning of Article 3(1) (b) of the Merger Regulation by way purchase of shares.

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






  — | for KKR: provision of a broad range of alternative asset management services to public and private market investors and capital markets solutions for the firm, its portfolio companies and clients, |
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2.

The business activities of the undertakings concerned are:

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for KKR: provision of a broad range of alternative asset management services to public and private market investors and capital markets solutions for the firm, its portfolio companies and clients,

| — | for Avenia: holding company of a group of firms operating in different sectors (retail, real estate, educational services, renewable energies and insurance) and of private equity funds, |
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for Avenia: holding company of a group of firms operating in different sectors (retail, real estate, educational services, renewable energies and insurance) and of private equity funds,

| — | for Bregal Fund III: private equity firm, |
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for Bregal Fund III: private equity firm,

| — | for Cognita: global operator of private-pay K-12 schools. |
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for Cognita: global operator of private-pay K-12 schools.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (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 the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (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 (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6919 — KKR/Bregal Fund/Avenia/Cognita, to the following address:





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

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 (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6919 — KKR/Bregal Fund/Avenia/Cognita, to the following address:

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 ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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