CELEX: 32019M9273
Language: en
Date: 2019-02-22 00:00:00
Title: Commission Decision of 22/02/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9273 - CVC Capital Partners SICA V-FIS S.A. / April) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 22.2.2019
                                                                C(2019) 1658 final
                                                                        PUBLIC VERSION
                                                                To the notifying party:
Subject:        Case M.9273 – CVC / April
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 28 January 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which CVC Capital
        Partners SICAV-FIS S.A. ("CVC", Luxembourg) acquires within the meaning of Article
        3(1)(b) of the Merger Regulation sole control over the whole of April S.A. ("April",
        France) by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for CVC: CVC and its subsidiaries provide investment advice to and/or manage
              investments on behalf of certain investment funds holding interests in a number of
              companies active in a variety of industries across different world regions;
             for April: April is a wholesale insurance broker and insurer active primarily in France
              whose clients include private individuals, professionals and companies.
3.      After examination of the notification, the European Commission has concluded that the
        notified operation falls within the scope of the Merger Regulation and of paragraph 5(b) of
        the Commission Notice on a simplified procedure for treatment of certain concentrations
        under Council Regulation (EC) No 139/2004.4
1       OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the
        Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of
        'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used
        throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
3       Publication in the Official Journal of the European Union No C 46, 5.02.2019, p. 9.
4       OJ C 366, 14.12.2013, p. 5.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 4. For the reasons set out in the Notice on a simplified procedure, the European Commission
   has decided not to oppose the notified operation and to declare it compatible with the
   internal market and with the EEA Agreement. This decision is adopted in application of
   Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.
                                                   For the Commission
                                                   (Signed)
                                                   Johannes LAITENBERGER
                                                   Director-General
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