# C_2015142EN.01002401.xml

| 29.4.2015 | EN | Official Journal of the European Union | C 142/24 |
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29.4.2015

EN

Official Journal of the European Union

C 142/24

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Prior notification of a concentration

(Case M.7624 — KKR/Comcast/Pentech/Piton/Scottish Enterprise/Shamrock/FanDuel/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 142/13)

| 1. | On 22 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which KKR & Co. L. P. (‘KKR’, United States), Comcast Ventures LP and NBC Sports Venture, LLC, belonging to the Comcast group (‘Comcast’, United States), Pentech Fund II L. P. (‘Pentech’, United Kingdom), Piton Capital Venture Fund L. P. (‘Piton’, United Kingdom), Scottish Enterprise (United Kingdom) and Shamrock Capital Growth Fund III, L. P. (‘Shamrock’, United States) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of FanDuel Limited (‘FanDuel’, United Kingdom) by way of purchase of shares. |
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1.

On 22 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which KKR & Co. L. P. (‘KKR’, United States), Comcast Ventures LP and NBC Sports Venture, LLC, belonging to the Comcast group (‘Comcast’, United States), Pentech Fund II L. P. (‘Pentech’, United Kingdom), Piton Capital Venture Fund L. P. (‘Piton’, United Kingdom), Scottish Enterprise (United Kingdom) and Shamrock Capital Growth Fund III, L. P. (‘Shamrock’, United States) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of FanDuel Limited (‘FanDuel’, United Kingdom) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for KKR: global alternative asset manager and provider of capital market solutions,
  —   for Comcast: global media and technology services,
  —   for Pentech: venture capital firm,
  —   for Piton: venture capital and growth equity firm,
  —   for Scottish Enterprise: Scotland’s economic development agency,
  —   for Shamrock: investment firm,
  —   for FanDuel: online fantasy sports services to North America. |
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2.

The business activities of the undertakings concerned are:

—   for KKR: global alternative asset manager and provider of capital market solutions,

for KKR

—   for Comcast: global media and technology services,

for Comcast

—   for Pentech: venture capital firm,

for Pentech

—   for Piton: venture capital and growth equity firm,

for Piton

—   for Scottish Enterprise: Scotland’s economic development agency,

for Scottish Enterprise

—   for Shamrock: investment firm,

for Shamrock

—   for FanDuel: online fantasy sports services to North America.

for FanDuel

| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.7624 — KKR/Comcast/Pentech/Piton/Scottish Enterprise/Shamrock/FanDuel/JV, 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 M.7624 — KKR/Comcast/Pentech/Piton/Scottish Enterprise/Shamrock/FanDuel/JV, 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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