# C_2014368EN.01002001.xml

| 17.10.2014 | EN | Official Journal of the European Union | C 368/20 |
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17.10.2014

EN

Official Journal of the European Union

C 368/20

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Prior notification of a concentration

(Case M.7409 — Apollo Management/Companhia de Seguros Tranquilidade)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 368/13

| 1. | On 9 October 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which investment funds managed by affiliates of Apollo Management L.P. (‘Apollo’, United States), acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Companhia de Seguros Tranquilidade, S.A. and its affiliates (the ‘Tranquilidade Group’, Portugal), by way of purchase of shares. |
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1.

On 9 October 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which investment funds managed by affiliates of Apollo Management L.P. (‘Apollo’, United States), acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Companhia de Seguros Tranquilidade, S.A. and its affiliates (the ‘Tranquilidade Group’, Portugal), by way of purchase of shares.

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






  — | affiliates of Apollo invest in companies and debt issued by companies involved in various businesses throughout the world. Examples of current investments include, inter alia, companies in the chemical, cruise line, logistics, paper, and metals businesses, |
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2.

The business activities of the undertakings concerned are:

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affiliates of Apollo invest in companies and debt issued by companies involved in various businesses throughout the world. Examples of current investments include, inter alia, companies in the chemical, cruise line, logistics, paper, and metals businesses,

inter alia

| — | the Tranquilidade Group provides insurance products and services, both in the life and non-life insurance segments. The company is based in Lisbon, Portugal and it operates mainly in Portugal. |
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the Tranquilidade Group provides insurance products and services, both in the life and non-life insurance segments. The company is based in Lisbon, Portugal and it operates mainly in Portugal.

| 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. |
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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.

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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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7409 — Apollo Management/Companhia de Seguros Tranquilidade 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7409 — Apollo Management/Companhia de Seguros Tranquilidade 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 ‘Merger Regulation’).

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

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