CELEX: 32016M8108
Language: en
Date: 2016-08-11 00:00:00
Title: Commission Decision of 11/08/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8108 - CVC / SISAL GROUP) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 11.08.2016
            
            
               C(2016) 5343 final
            
            
            
            
               To the notifying party:
            
            
               Dear Sirs,
            
            
               Subject:Case M.8108 - CVC / SISAL GROUP
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               1.On 15 July 2016, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which CVC Capital Partners SICAV-FIS SA, together with its subsidiaries, and CVC Capital Partners Advisory Group Hoding Foundation and its subsidiary, (the ‘CVC Group’, Luxembourg) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the Sisal Group S.p.A of Italy, by way of purchase of shares.
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               2.The business activities of the undertakings concerned are:
            
            
               -for the CVC Group: advice to and management of investments funds, which hold interests in a number of companies, including Sky Bet. Sky Bet is active in the provision of online gaming and betting services to customers in the United Kingdom, Ireland, Finland, Gibraltar, Isle of Man, and the Channel Islands.
            
            
               -for the Sisal Group: provision of gambling and betting services in Italy.
            
            
               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 (c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
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               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 and Article 57 of the EEA Agreement.
            
            
            
            
               For the Commission
                  (Signed)
               Johannes LAITENBERGER
                  Director-General
            
            
         
         
            
                  
                     (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)
                   
                        OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
               
               
                  
                     (3)
                   
                        Publication in the Official Journal of the European Union No C 269, 23.07.2016, p. 39.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.