CELEX: 32007M4539
Language: en
Date: 2007-03-02 00:00:00
Title: Commission Decision of 02/03/2007 declaring a concentration to be compatible with the common market (Case No IV/M.5494 - TPG / SILVER LAKE / SABRE) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Important legal notice

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32007M4539

Commission Decision of 02/03/2007 declaring a concentration to be compatible with the common market (Case No IV/M.5494 - TPG / SILVER LAKE / SABRE) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 02.03.2007SG-Greffe(2007) D/201017To the notifying partiesDear Madams and Sirs,Subject: Case No. COMP/M.4539 – TPG/Silver Lake/SabreNotification of 26.01.2007 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Communities No. C 24, 02.02.2007, page 6.1. On 26.01.2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking TPG Partners V, L.P. ("TPG"; US) and Silver Lake Partners II, L.P. ("SLP"; US) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Sabre Holdings Corporation ("Sabre"; US) by way of purchase of shares.The business activities of the undertakings concerned are:For TPG: private equity fund;For SLP: private equity firm;For Sabre: travel distribution business.2. 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 b, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [2].3. 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,signedPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1.[2] OJ C 56, 05.3.2005 p.32.--------------------------------------------------