CELEX: 32012M6639
Language: en
Date: 2012-07-11 00:00:00
Title: Commission Decision of 11/07/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6639 - SILVER LAKE / GLOBAL BLUE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32012M6639

Commission Decision of 11/07/2012 declaring a concentration to be compatible with the common market (Case No COMP/M.6639 - SILVER LAKE / GLOBAL BLUE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)  

          |EUROPEAN COMMISSION    |
             Brussels, 11.07.2012
             C(2012) 4977
             PUBLIC VERSION
             SIMPLIFIED MERGER PROCEDURE
              |         To the notifying party: |
             Dear Madam(s) and/or Sir(s),
             Subject: Case No COMP/M.6639 – SILVER LAKE/ GLOBAL BLUE Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004  [1]  
            1.  On 15.06.2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Silver Lake Group, L.L.C (“Silver Lake”, the US)  acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Global Blue Luxembourg Holdings S.à r.l. (“Global Blue”, Luxembourg) by way of purchase of shares.
              The business activities of the undertakings concerned are:
              - for Silver Lake : global investment firm focused on technology, technology-enabled and related growth industries;
              - for Global Blue : international provider of sales tax refund and related services [2]  .
            2.  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 [3]  .  
            3.  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
            [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 183, 23.06.2012, p.14
            [3] OJ C 56, 5.3.2005, p. 32.