CELEX: 32014M7312
Language: en
Date: 2014-07-03 00:00:00
Title: Commission Decision of 03/07/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7312 - TOWERBROOK / INDEPENDENT CLINICAL SERVICES GROUP LIMITED) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 03.07.2014
                                        C(2014) 4656 final

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|To the notifying party:                                            |                                                                   |
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Dear Madams,

Subject:    Case M.7312 - TOWERBROOK/ INDEPENDENT CLINICAL SERVICES GROUP LIMITED
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 10.06.2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the  Merger  Regulation  by
    which the undertaking TowerBrook Investors Limited ("TowerBrook", Cayman Islands) acquires within the  meaning  of  Article  3(1)(b)  of  the
    Merger Regulation control of the whole of the undertaking Independent Clinical Services Group Limited ("ICS", the United Kingdom) by  way  of
    purchase of shares.

 2. The business activities of the undertakings concerned are:

    - TowerBrook is the ultimate general partner of funds managed by TowerBrook Capital Partners L.P. which is  a  global  private  equity  firm
         investing in large and middle market companies in Europe and in North America.

    - ICS provides health, life sciences and social care staffing and services to the healthcare sector in the United Kingdom.[2]

 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.[3]

 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.

                                        For the Commission

                                        (signed)
                                        Alexander ITALIANER
                                        Director General
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[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]   Publication in the Official Journal of the European Union No C 187, 19.06.2014, p.4.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE