CELEX: 32006M4172
Language: en
Date: 2006-03-30 00:00:00
Title: Commission Decision of 30/03/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4172 - BARCLAYS / TUJA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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32006M4172

Commission Decision of 30/03/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4172 - BARCLAYS / TUJA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |COMMISSION OF THE EUROPEAN COMMUNITIES     |
            Brussels , 30.03.2006
             SG-Greffe(2006) D/201418
             MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
             SIMPLIFIED PROCEDURE
              PUBLIC VERSION
             To the notifying party
             Dear Madam(s) and/or Sir(s),
             Subject: Case No. COMP/M.4172 – Barclays/Tuja Notification of 24.02.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004  [1]  Publication in the Official Journal of the European Union No. C 053, 03/03/2006, page 5
            1.  On 24.02.2006, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which undertaking Barclays Private Equity Ltd. (“Barclays Private Equity”, UK) controlled by Barclays Bank plc (“Barclays”, UK) acquires within the meaning of Article 3(1)(b) of the Council Regulation via an acquisition vehicle control of the whole of TUJA Holding GmbH (“TUJA”, Germany) by way of purchase of shares.
            2.  The business activities of the undertakings concerned are:
              - for undertaking Barclays: financial services;
              - for undertaking Barclays Private Equity: funds, including funds engaged in temporary employment services in the UK;
              - for undertaking TUJA: holding of TUJA group which is engaged in temporary employment services in Austria, Germany and Switzerland.
            3.  After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 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 [2]  .  
            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 (EC) No. 139/2004.
             For the Commission,  signed, Neelie KROES Member of the Commission
            [1] OJ L 24, 29.1.2004 p. 1
            [2] OJ C 56, 05.3.2005 p.32