CELEX: 32014M6927
Language: en
Date: 2014-01-09 00:00:00
Title: Commission Decision of 09/01/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.6927 - GOLDMAN SACHS / TPG LUNDY / BARCLAYS / INTERTAIN) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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                                        Brussels, 09.01.2014
                                        C(2014) 83 final

|To the notifying party:                                            |

Dear Madam(s) and/or Sir(s),

Subject:    Case No COMP/M.6927 – Goldman Sachs / TPG Lundy / Barclays / Intertain
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

1.    On 29 November 2013, the European Commission received notification of a  proposed  concentration  pursuant  to  Article  4  of  the  Merger
      Regulation by which Goldman Sachs Group, Inc. ("Goldman Sachs"), TPG LundyCO, L.P. ("TPG") and Barclays PLC  ("Barclays")  acquire,  within
      the meaning of Article 3(1)(b) of the Merger Regulation joint control of iNTERTAIN Limited ("Intertain") by way of purchase of shares[2].

2.    The business activities of the undertakings concerned are:

-     Goldman Sachs is a global investment banking, securities and investment management firm that provides a wide range  of  services  worldwide
      to a diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.

1 TPG is an investment vehicle belonging to the TPG Group, a global private investment firm that manages a family  of  funds  that  invest  in  a
        variety of companies through acquisitions and corporate restructurings.

3 Barclays is the operating company of the Barclays Group, that is a global financial services provider engaged in personal banking, credit
        cards, corporate and investment banking, and wealth and investment management services.

      4 Intertain is an English limited company that operates bars and comedy venues in the United Kingdom.

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(a) and 5(c) 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 358, 07.12.2013, p.22

[3]   OJ C 56, 5.3.2005, p. 32.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE