CELEX: 32014M7320
Language: en
Date: 2014-08-04 00:00:00
Title: Commission Decision of 04/08/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7320 - PAI PARTNERS / DVD PARTICIPATIONS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 04.08.2014
                                        C(2014) 5697 final

                                        |To the notifying party:                                            |                                                                   |
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Dear Madam(s) and/or Sir(s),

Subject:    Case M.7320 - PAI PARTNERS / DVD PARTICIPATIONS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 08.07.2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC)  No
    139/2004 by which PAI Partners SAS ("PAI", France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of Domusvi
    Dolcea Participations SAS ("DVD Participations", France) by way of purchase of shares and securities.

 2. The business activities of the undertakings concerned are:

  – for PAI: portfolio management activities on behalf of third parties;

  – for DVD Participations: operation of medicalised and non-medicalised nursing homes for senior people in France.[2]

 3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger
    Regulation 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.[3]

 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and
    to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article  6(1)(b)  of
    the Merger Regulation.

                                        For the Commission

                                        (signed)
                                        Alexander ITALIANER
                                        Director General
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[1]   OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the  European  Union
      ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by  "internal  market".  The
      terminology of the TFEU will be used throughout this decision.
[2]   Publication in the Official Journal of the European Union No C 224,15.07.2014, p. 35.
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                           SIMPLIFIED MERGER PROCEDURE

                                                                  PUBLIC VERSION