CELEX: 32002M2915
Language: en
Date: 2002-09-05 00:00:00
Title: Commission Decision of 05/09/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2915 - DLJ CAPITAL FUNDING INC / HAMSARD-BOWATER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32002M2915

Commission Decision of 05/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2915 - DLJ CAPITAL FUNDING INC / HAMSARD-BOWATER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 216 , 12/09/2002 P. 0002 - 0002

Commission Decision of 05/09/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2915 - DLJ CAPITAL FUNDING INC / HAMSARD-BOWATER) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  To the notifying party Dear Sirs,Subject: Case No. COMP/M.2915 - DLJ Capital Funding Inc / Hamsard-Bowater Notification of 02/08/2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 193, 13.08.2002, page 30[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. 17.1. On 02.08.2002, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking DLJ Capital Funding Inc, Delaware, USA (DLJ) belonging to the Credit Suisse group acquires within the meaning of Article 3(1)(b) of the Council Regulation control of Hamsard 2064 Ltd, UK (Hamsard), which controls the British undertaking Bowater Windows Ltd (Bowater) by way of purchase of shares.2.  The business activities of the undertakings concerned are : - for DLJ: Corporate investments - for Hamsard: Holding company for Bowater - for Bowater: Design, extrusion, fabrication and installation of PVC windows and doors3. 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 b of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].  [2]   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