CELEX: 32002M2788
Language: en
Date: 2002-05-30 00:00:00
Title: Commission Decision of 30/05/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2788 - NEW HOLDING FOR TOURISM BV / PREUSSAG AG / NEOS JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32002M2788

Commission Decision of 30/05/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2788 - NEW HOLDING FOR TOURISM BV / PREUSSAG AG / NEOS JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 137 , 08/06/2002 P. 0028 - 0028

Commission Decision of 30/05/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2788 - NEW HOLDING FOR TOURISM BV / PREUSSAG AG / NEOS JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)Brussels, 30/05/2002SG (2002) D/229990, D/229991To the notifying partiesDear Madam and Sir,Subject: Case No. COMP/M.2788 - NEW HOLDING FOR TOURISM BV/PREUSSAG AG/NEOS/JV  Notification of 25.4.2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1][1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.  Publication in the Official Journal of the European Communities No. C 108, 4.5.2002, page 7.1. On 25.4.2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 [2] by which the undertaking(s) Preussag AG (Preussag), a German holding acquires within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Neos S.p.A.(NEOS) currently controlled by NHT New Holding for Tourism B.V. (NHT), a Dutch sub-holding of Giovanni Agnelli & C. S.a.p.a.z. by way of purchase of shares.[2]  OJ L 395, 30.12.1989 p. 1; corrigendum OJ L 257 of 21.9.1990, p. 13; Regulation as last amended by Regulation (EC) No 1310/97 (OJ L 180, 9. 7. 1997, p. 1, corrigendum OJ L 40, 13.2.1998, p. 17).2. The business activities of the undertakings concerned are:  - for undertaking Preussag : tourism, logistics and energy. - for undertaking NHT : several economic sectors including tourism  - for undertaking NEOS: charter airline. 3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c), of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [3].  [3]    OJ C 217, 29.07.2000, p. 32.4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.For the Commission  Mario MONTI Member of the Commission (signed)