CELEX: 32006M4440
Language: en
Date: 2006-12-12 00:00:00
Title: Commission Decision of 12/12/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4440 - GE / DISKO / ASL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4440

Commission Decision of 12/12/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4440 - GE / DISKO / ASL) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 12-XII-2006SG-Greffe(2006) D/207654To the notifying partyDear Madam, Dear Sir,Subject: Case No. COMP/M.4440 – GE / Disko / ASLNotification of 07.11.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C279, 17.11.2006, p.181. On 07.11.2006, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which the undertaking General Electric Company ("GE", USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings Diskont und Kredit AG and Disko Leasing GmbH (together "Disko Group", Germany) and ASL Auto Service-Leasing GmbH ("ASL", Germany) by way of purchase of shares.2. The business activities of the undertakings concerned are:- for GE: diversified technology and services.- for Disko Group: equipment finance.- for ASL: fleet leasing and management services.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, subparagraph c, 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 CommissionsignedPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------