CELEX: 32002M2809
Language: en
Date: 2002-06-11 00:00:00
Title: Commission Decision of 11/06/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2809 - CINVEN / CARLYLE / VUP) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32002M2809

Commission Decision of 11/06/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2809 - CINVEN / CARLYLE / VUP) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 143 , 15/06/2002 P. 0007 - 0007

Commission Decision of 11/06/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2809 - CINVEN / CARLYLE / VUP) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 11/6/02SG (2002) D/230157-230158To the notifying partiesDear Sirs,Subject: Case No. COMP/M.2809 - Cinven / Carlyle / VUP Notification of 08.05.2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C119 of 22.05.2002. [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 08/05/2002, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the undertakings Cinven, belonging to Cinven Group Limited, UK ('Cinven') and Carlyle, a limited partnership registered in the Cayman Island ('Carlyle') acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of some assets sold by Vivendi Universal Publishing, FRA ('VUP assets') by way of purchase of shares in newly created vehicle companies. 2. The business activities of the undertakings concerned are: - for Cinven : venture capital business - for Carlyle : private equity investments - for VUP assets : activities concerning medical publishing, trade publishing and organization of trade shows3. 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 Commission,Mario MONTIMember of the Commission