CELEX: 32006M4303
Language: en
Date: 2006-08-23 00:00:00
Title: Commission Decision of 23/08/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4303 - MACQUARIE / SOUTH EAST LONDON & KENT BUS COMPANY / EAST LONDON BUS & COACH COMPANY) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4303

Commission Decision of 23/08/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4303 - MACQUARIE / SOUTH EAST LONDON & KENT BUS COMPANY / EAST LONDON BUS & COACH COMPANY) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 23-VIII-2006SG-Greffe(2006) D/204742 To the notifying partiesDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4303 – Macquarie/South East London & Kent Bus Company/East London Bus & Coach CompanyNotification of 18 July 2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 173, 26.7.2006, p. 11.1. On 18 July 2006 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Macquarie Bank Limited (“Macquarie”, Australia) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings South East London & Kent Bus Company Limited (“SELKENT”, UK) and East London Bus & Coach Company Limited (“ELBC”, UK) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for undertaking Macquarie: provider of financial and investment banking services;- for undertakings SELKENT and ELBC: London bus operators.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph b of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004 [2].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 (EC) No. 139/2004.For the CommissionPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------