Prior notification of a concentration (Case M.12009 – OAKVIEW / FORTRESS / SPP) – Candidate case for simplified procedure
Date: 2025-07-01
Institutions: Directorate-General for Competition, European Commission
Subjects: carriage of passengers, chartering, economic concentration, holding company, investment company, logistics, maritime shipping, merger control








C_202503599EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/3599


1.7.2025






Prior notification of a concentration
(Case M.12009 – OAKVIEW / FORTRESS / SPP)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/3599)


1.   
On 20 June 2025, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Oakview Capital L6 DAC (‘Oakview’, Ireland), controlled by Davidson Kempner Capital Management LP (‘DK’, USA),










—


CF BM UK Holdings LTD (‘CF’, UK), controlled by Fortress Investment Group LLC and its affiliates (‘Fortress’, USA), ultimately jointly controlled by Mubadala Investment Company PJSC (‘MIC’, UAE) and Fortress Management (USA), and










—


Société Phocéenne de Participations (‘SPP’, France).




Oakview and CF will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of SPP.
The concentration is accomplished by way of purchase of shares.


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






—


Oakview is engaged in the acquisition, holding, management, financing, collection and transfer of financial assets,










—


CF is engaged in investment holding activities, and










—


SPP is French company owned by a consortium of French banks, which owns Bourbon, a shipping company that provides marine logistics, subsea and offshore personnel transportation services to offshore energy operators and oil industry companies, including the provision of support vessels to offshore oil platforms.






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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.12009 – OAKVIEW / FORTRESS / SPP
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







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

(2)  
            OJ C 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2025/3599/oj
ISSN 1977-091X (electronic edition)