CELEX: 32004M3377
Language: en
Date: 2004-02-20 00:00:00
Title: Commission Decision of 20/02/2004 declaring a concentration to be compatible with the common market (Case No COMP/M.3377 - VESTAR CAPITAL / OGF) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32004M3377

Commission Decision of 20/02/2004 declaring a concentration to be compatible with the common market (Case No IV/M.3377 - VESTAR CAPITAL / OGF) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 060 , 09/03/2004 P. 0004 - 0004

Commission Decision of 20/02/2004 declaring a concentration to be compatible with the common market (Case No IV/M.3377 - VESTAR CAPITAL / OGF) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the notifying partyDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.3377 - VESTAR CAPITAL PARTNERS / OGF Notification of 22/01/2004 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 29,  03/02/2004, Page 9.[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 22/01/2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89, as last amended by Regulation (EC) No 1310/97, by which the undertaking "Vestar Capital Partners" ("Vestar", USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation sole control of the whole of the undertaking "Omnium de Gestion et de Financement" ("OGF", France) by way of purchase of shares.2. The business activities of the undertakings concerned are:-  For undertaking Vestar: Private equity firm specialised in management buy-outs, recapitalisation and growth capital investments.  - For undertaking OGF: active in the French funeral service sector. 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 b of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89  [2][2]  OJ 217, 29.07.200, 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 signed byMario MONTI Member of the Commission