# C_2020372EN.01001601.xml

| 4.11.2020 | EN | Official Journal of the European Union | C 372/16 |
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4.11.2020

EN

Official Journal of the European Union

C 372/16

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Prior notification of a concentration

(Case M.9991 — MassMutual/MVC Capital)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 372/07)

1.

This notification concerns the following undertakings:

| — | Massachusetts Mutual Life Insurance Company (‘MassMutual’, USA), |
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Massachusetts Mutual Life Insurance Company (‘MassMutual’, USA),

| — | Barings BDC, Inc. (‘Barings BDC’, USA), advised by Barings LLC, a wholly-owned subsidiary of MassMutual, |
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Barings BDC, Inc. (‘Barings BDC’, USA), advised by Barings LLC, a wholly-owned subsidiary of MassMutual,

| — | MVC Capital, Inc. (‘MVC Capital’, USA). |
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MVC Capital, Inc. (‘MVC Capital’, USA).

Barings BDC acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of MVC Capital. The concentration is accomplished by way of purchase of shares.

2.

| — | for MassMutual: an American mutual life insurance company, |
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for MassMutual: an American mutual life insurance company,

| — | for Barings BDC: a closed-end, non-diversified investment company. It provides capital to middle-market businesses that operate across a wide range of industries and generates income primarily from directly-originated debt investments. Barings BDC is advised by Barings LLC, an international investment management firm, which in turn is wholly owned by MassMutual; and, |
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for Barings BDC: a closed-end, non-diversified investment company. It provides capital to middle-market businesses that operate across a wide range of industries and generates income primarily from directly-originated debt investments. Barings BDC is advised by Barings LLC, an international investment management firm, which in turn is wholly owned by MassMutual; and,

| — | for MVC Capital: an externally managed, non-diversified closed-end management investment company. It provides equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries. |
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for MVC Capital: an externally managed, non-diversified closed-end management investment company. It provides equity and debt investment capital to fund growth, acquisitions and recapitalizations of small and middle-market companies in a variety of industries.

3.

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.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9991 — MassMutual/MVC Capital

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 22964301

Postal address:

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

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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