# C_2010038EN.01000601.xml

| 16.2.2010 | EN | Official Journal of the European Union | C 38/6 |
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16.2.2010

EN

Official Journal of the European Union

C 38/6

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Prior notification of a concentration

(Case COMP/M.5700 — Lloyds TSB Development Capital/PCH)

Candidate case for simplified procedure

(Text with EEA relevance)

2010/C 38/06

| 1. | On 5 February 2010 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Lloyds TSB Development Capital Ltd (LDC, UK) belonging to the Lloyds Banking Group plc, acquires within the meaning of Article 3(1)(b) of the EC Merger Regulation control of the whole of Petrochem Carless Holdings Ltd (PCH, UK) by way of purchase of shares. |
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1.

On 5 February 2010 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Lloyds TSB Development Capital Ltd (LDC, UK) belonging to the Lloyds Banking Group plc, acquires within the meaning of Article 3(1)(b) of the EC Merger Regulation control of the whole of Petrochem Carless Holdings Ltd (PCH, UK) by way of purchase of shares.

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






  — | For LDC: private equity investment, with a portfolio of companies across a wide range of market sectors in the UK, |
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2.

The business activities of the undertakings concerned are:

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For LDC: private equity investment, with a portfolio of companies across a wide range of market sectors in the UK,

| — | For PCH: refinement and supply of high performance speciality hydrocarbons, advanced automotive fluids and speciality chemicals. |
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For PCH: refinement and supply of high performance speciality hydrocarbons, advanced automotive fluids and speciality chemicals.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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 EC 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 EC Merger Regulation (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 COMP/M.5700 — Lloyds TSB Development Capital/PCH, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 COMP/M.5700 — Lloyds TSB Development Capital/PCH, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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