# Official Journal C 136/2018

| | ISSN 1977-091X |
| --- | --- |
| Official Journal
  of the European Union | C 136 |
| | |
| English edition | Information and Notices | Volume 6118 April 2018 |

ISSN 1977-091X

Official Journal

of the European Union

C 136

English edition

Information and Notices

Volume 6118 April 2018

---

| Notice No | Contents | page |
| --- | --- | --- |
| | II   Information |
| | INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
| | European Commission |
| 2018/C 136/01 | Non-opposition to a notified concentration (Case M.8425 — Safran/Zodiac Aerospace) (
  1
  ) | 1 |
| 2018/C 136/02 | Non-opposition to a notified concentration (Case M.8399 — CWS-boco/Rentokil Initial Target Businesses) (
  1
  ) | 1 |

Notice No

Contents

page

II   Information

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

2018/C 136/01

Non-opposition to a notified concentration (Case M.8425 — Safran/Zodiac Aerospace) (
  1
  )

1

1

2018/C 136/02

Non-opposition to a notified concentration (Case M.8399 — CWS-boco/Rentokil Initial Target Businesses) (
  1
  )

1

1

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| | IV   Notices |
| --- | --- |
| | NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES |
| | European Commission |
| 2018/C 136/03 | Euro exchange rates | 2 |

IV   Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

2018/C 136/03

Euro exchange rates

2

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| | V   Announcements |
| --- | --- |
| | PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY |
| | European Commission |
| 2018/C 136/04 | Prior notification of a concentration (Case M.8888 — Apollo Management/Cyprus Cooperative Bank) — Candidate case for simplified procedure (
  1
  ) | 3 |

V   Announcements

PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

European Commission

2018/C 136/04

Prior notification of a concentration (Case M.8888 — Apollo Management/Cyprus Cooperative Bank) — Candidate case for simplified procedure (
  1
  )

1

3

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| | |
| --- | --- |
| | (1)   Text with EEA relevance. |

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(1)   Text with EEA relevance.

1

| EN | |
| --- | --- |

EN

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II Information

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

| 18.4.2018 | EN | Official Journal of the European Union | C 136/1 |
| --- | --- | --- | --- |

18.4.2018

EN

Official Journal of the European Union

C 136/1

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Non-opposition to a notified concentration

(Case M.8425 — Safran/Zodiac Aerospace)

(Text with EEA relevance)

(2018/C 136/01)

On 21 December 2017, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

| — | in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
| --- | --- |

—

in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

| — | in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8425. EUR-Lex is the online access to European law. |
| --- | --- |

—

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8425. EUR-Lex is the online access to European law.

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

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| 18.4.2018 | EN | Official Journal of the European Union | C 136/1 |
| --- | --- | --- | --- |

18.4.2018

EN

Official Journal of the European Union

C 136/1

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Non-opposition to a notified concentration

(Case M.8399 — CWS-boco/Rentokil Initial Target Businesses)

(Text with EEA relevance)

(2018/C 136/02)

On 7 June 2017, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

| — | in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes, |
| --- | --- |

—

in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

| — | in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8399. EUR-Lex is the online access to European law. |
| --- | --- |

—

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8399. EUR-Lex is the online access to European law.

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

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IV Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

| 18.4.2018 | EN | Official Journal of the European Union | C 136/2 |
| --- | --- | --- | --- |

18.4.2018

EN

Official Journal of the European Union

C 136/2

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Euro exchange rates (1)

17 April 2018

(2018/C 136/03)

1 euro =

| | Currency | Exchange rate |
| --- | --- | --- |
| USD | US dollar | 1,2357 |
| JPY | Japanese yen | 132,35 |
| DKK | Danish krone | 7,4474 |
| GBP | Pound sterling | 0,86280 |
| SEK | Swedish krona | 10,3913 |
| CHF | Swiss franc | 1,1908 |
| ISK | Iceland króna | 122,60 |
| NOK | Norwegian krone | 9,5980 |
| BGN | Bulgarian lev | 1,9558 |
| CZK | Czech koruna | 25,254 |
| HUF | Hungarian forint | 310,84 |
| PLN | Polish zloty | 4,1602 |
| RON | Romanian leu | 4,6468 |
| TRY | Turkish lira | 5,0734 |
| AUD | Australian dollar | 1,5910 |
| CAD | Canadian dollar | 1,5511 |
| HKD | Hong Kong dollar | 9,7001 |
| NZD | New Zealand dollar | 1,6837 |
| SGD | Singapore dollar | 1,6192 |
| KRW | South Korean won | 1 320,61 |
| ZAR | South African rand | 14,8492 |
| CNY | Chinese yuan renminbi | 7,7639 |
| HRK | Croatian kuna | 7,4135 |
| IDR | Indonesian rupiah | 17 021,77 |
| MYR | Malaysian ringgit | 4,8058 |
| PHP | Philippine peso | 64,594 |
| RUB | Russian rouble | 76,3214 |
| THB | Thai baht | 38,566 |
| BRL | Brazilian real | 4,2158 |
| MXN | Mexican peso | 22,2075 |
| INR | Indian rupee | 81,1080 |

Currency

Exchange rate

USD

US dollar

1,2357

JPY

Japanese yen

132,35

DKK

Danish krone

7,4474

GBP

Pound sterling

0,86280

SEK

Swedish krona

10,3913

CHF

Swiss franc

1,1908

ISK

Iceland króna

122,60

NOK

Norwegian krone

9,5980

BGN

Bulgarian lev

1,9558

CZK

Czech koruna

25,254

HUF

Hungarian forint

310,84

PLN

Polish zloty

4,1602

RON

Romanian leu

4,6468

TRY

Turkish lira

5,0734

AUD

Australian dollar

1,5910

CAD

Canadian dollar

1,5511

HKD

Hong Kong dollar

9,7001

NZD

New Zealand dollar

1,6837

SGD

Singapore dollar

1,6192

KRW

South Korean won

1 320,61

ZAR

South African rand

14,8492

CNY

Chinese yuan renminbi

7,7639

HRK

Croatian kuna

7,4135

IDR

Indonesian rupiah

17 021,77

MYR

Malaysian ringgit

4,8058

PHP

Philippine peso

64,594

RUB

Russian rouble

76,3214

THB

Thai baht

38,566

BRL

Brazilian real

4,2158

MXN

Mexican peso

22,2075

INR

Indian rupee

81,1080

---

(1)  Source: reference exchange rate published by the ECB.

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V Announcements

PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

European Commission

| 18.4.2018 | EN | Official Journal of the European Union | C 136/3 |
| --- | --- | --- | --- |

18.4.2018

EN

Official Journal of the European Union

C 136/3

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Prior notification of a concentration

(Case M.8888 — Apollo Management/Cyprus Cooperative Bank)

Candidate case for simplified procedure

(Text with EEA relevance)

(2018/C 136/04)

| 1. | On 11 April 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
  This notification concerns the following undertakings:






  — | Altamira Asset Management S.A. (‘Altamira’, Spain), controlled by Apollo Capital Management, L.P. (‘Apollo’, US), |
| --- | --- | --- |

1.

On 11 April 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—

Altamira Asset Management S.A. (‘Altamira’, Spain), controlled by Apollo Capital Management, L.P. (‘Apollo’, US),

| — | Cyprus Cooperative Bank (‘CCB’, Cyprus), and |
| --- | --- |

—

Cyprus Cooperative Bank (‘CCB’, Cyprus), and

| — | Altamira Asset Management (Cyprus) Ltd (‘Altamira Cyprus’, Cyprus). |
| --- | --- |

—

Altamira Asset Management (Cyprus) Ltd (‘Altamira Cyprus’, Cyprus).

Apollo and CCB acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of the joint venture Altamira Cyprus.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

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






  — | Altamira is active in the management and recovery of non-performing loans and of properties acquired by banks as a result of non-performing loans. |
| --- | --- | --- |

2.

The business activities of the undertakings concerned are as follows:

—

Altamira is active in the management and recovery of non-performing loans and of properties acquired by banks as a result of non-performing loans.

| — | Apollo is a group of global investment funds that invest in a wide range of industries. |
| --- | --- |

—

Apollo is a group of global investment funds that invest in a wide range of industries.

| — | CCB is a Cypriot bank offering a wide range of financial products and services. |
| --- | --- |

—

CCB is a Cypriot bank offering a wide range of financial products and services.

| — | Altamira Cyprus will offer debt management services to financial and other clients in Cyprus. |
| --- | --- |

—

Altamira Cyprus will offer debt management services to financial and other clients in Cyprus.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 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. |
| --- | --- |

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 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. | 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. The following reference should always be specified:
  M.8888 — Apollo Management/Cyprus Cooperative Bank
  Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





  Email: COMP-MERGER-REGISTRY@ec.europa.eu |
| --- | --- |
| Fax +32 229-64301 |
| Postal address: |
| European Commission |
| 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. The following reference should always be specified:

M.8888 — Apollo Management/Cyprus Cooperative Bank

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

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

Fax +32 229-64301

Postal 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 ‘Merger Regulation’).

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

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