CELEX: 32006M4382
Language: en
Date: 2006-10-06 00:00:00
Title: Commission Decision of 06/10/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4382 - TPG / ALERIS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

|

32006M4382

Commission Decision of 06/10/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4382 - TPG / ALERIS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 06.10.2006SG-Greffe (2006) D/205650To the notifying party:Dear Madam(s) and/or Sir(s),Subject: Case No COMP/M.4382 – TPG / AlerisNotification of 01/09/2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]1. On 01/09/2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings TPG Advisors IV, Inc. (“TPG IV”, USA) and TPG Advisors V, Inc. (“TPG V”, USA) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Aleris International, Inc. (“Aleris”, USA) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for undertaking TPG IV : private equity investment fund- for undertaking TPG V : private equity investment fund- for undertaking Aleris : manufacture of aluminium alloys and aluminium flat rolled products and extrusions.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(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No139/2004.4. 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 LOWE Director General[1] OJ L 24, 29.1.2004 p. 1--------------------------------------------------