CELEX: 32009M5708
Language: en
Date: 2009-12-09 00:00:00
Title: Commission Decision of 09/12/2009 declaring a concentration to be compatible with the common market (Case No COMP/M.5708 - KKR / GENERAL ATLANTIC / TASC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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32009M5708

Commission Decision of 09/12/2009 declaring a concentration to be compatible with the common market (Case No COMP/M.5708 - KKR / GENERAL ATLANTIC / TASC) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION  |
            Brussels , 09/12/2009
             SG-Greffe(2009) D/11042/11043
             C(2009) 10086
             PUBLIC VERSION
             MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
             SIMPLIFIED PROCEDURE
                To the notifying parties: 
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.5708 - KKR / GENERAL ATLANTIC / TASC
             Notification of 11/11/2009 pursuant to Article 4 of Council Regulation (EC) No 139/2004  [1]  Publication in the Official Journal of the European Union No C 279, 19/11/2009, p.30
             1. On 11/11/2009, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which KKR & Co. L.P. (together with its affiliates, "KKR", USA) and General Atlantic LLC ("GA", USA) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control over TASC Inc. (USA) by way of purchase of shares.
             2. The business activities of the undertakings concerned are:
              - KKR: global alternative asset manager, which offers a broad range of alternative asset management services to public and private market investors and provides capital markets solutions for the firm, its portfolio companies and clients. 
              - GA: general partner of a leading global growth equity firm providing capital and strategic support for growth companies ("GA Group").
              - TASC: active in the provision of analytical and advisory services to various agencies of the US Government in the field of defense and national security. 
             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(a) 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) 
             Philip LOWE 
            [1] OJ L 24, 29.1.2004, p. 1.
            [2] OJ C 56, 05.3.2005, p. 32.