CELEX: 32003M3041
Language: en
Date: 2003-01-17 00:00:00
Title: Commission Decision of 17/01/2003 declaring a concentration to be compatible with the common market (Case No COMP/M.3041 - CREDIT SUISSE / SAFILO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32003M3041

Commission Decision of 17/01/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3041 - CREDIT SUISSE / SAFILO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 020 , 28/01/2003 P. 0003 - 0003

Commission Decision of 17/01/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3041 - CREDIT SUISSE / SAFILO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the Notifying PartiesDear Sir(s) and/or Madam(s),Subject: Case No. COMP/M.3041 - Crédit Suisse / Safilo Notification of 06/12/2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 311, 14/12/2002, page 15[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 06.12.2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertaking DLJ Merchant Banking III, Inc. ("DLJ") belonging to the Credit Suisse Group and Mr. Vittorio Tabacchi acquires within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Safilo Holdings S.p.A. ("Safilo") by way of purchase of shares.2. The business activities of the undertakings concerned are : - Credit Suisse Group (USA) : investment banking - Safilo (Italy) :   production and distribution of eyewear.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 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 CommissionMario MONTI Member of the Commission