# C_2015331EN.01000701.xml

| 8.10.2015 | EN | Official Journal of the European Union | C 331/7 |
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8.10.2015

EN

Official Journal of the European Union

C 331/7

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Prior notification of a concentration

(Case M.7706 — Kinnevik/Qliro Group)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 331/08)

| 1. | On 30 September 2015, 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 Investment AB Kinnevik (Sweden, ‘Kinnevik’) ultimately controlled by Verdere Sàrl (Luxembourg, ‘Verdere’), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Qliro Group AB (Sweden, ‘Qliro’) by way of other means. |
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1.

On 30 September 2015, 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 Investment AB Kinnevik (Sweden, ‘Kinnevik’) ultimately controlled by Verdere Sàrl (Luxembourg, ‘Verdere’), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertaking Qliro Group AB (Sweden, ‘Qliro’) by way of other means.

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| 2. | The business activities of the undertakings concerned are:
  —   for Kinnevik: private equity investment in various companies active primarily in telecommunications, e-commerce, entertainment and financial services.
  —   for Qliro: e-commerce operator active in online retail sales to consumers of a variety of products, including inter alia, electronics, clothing, workout equipment and children's product. |
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2.

The business activities of the undertakings concerned are:

—   for Kinnevik: private equity investment in various companies active primarily in telecommunications, e-commerce, entertainment and financial services.

for Kinnevik

—   for Qliro: e-commerce operator active in online retail sales to consumers of a variety of products, including inter alia, electronics, clothing, workout equipment and children's product.

for Qliro

inter alia

| 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 this 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 this 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 M.7706 — Kinnevik/Qliro Group, 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 M.7706 — Kinnevik/Qliro Group, 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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