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Document C2013/070/11

Prior notification of a concentration (Case COMP/M.6865 — Oaktree/Countryside) — Candidate case for simplified procedure Text with EEA relevance

OJ C 70, 9.3.2013, p. 29–29 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

9.3.2013   

EN

Official Journal of the European Union

C 70/29


Prior notification of a concentration

(Case COMP/M.6865 — Oaktree/Countryside)

Candidate case for simplified procedure

(Text with EEA relevance)

2013/C 70/11

1.

On 27 February 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking OCM Luxembourg Coppice Holdco Sarl ultimately controlled by Oaktree Capital Group LLC (‘Oaktree’, USA) acquires within the meaning of Article 3(1) (b) of the Merger Regulation control of the undertaking Countryside Properties plc (‘Countryside’, United Kingdom) by way purchase of shares.

2.

The business activities of the undertakings concerned are:

for Oaktree: alternative and non-traditional investment funds for Oaktree: Oaktree Group holds interests in a number of businesses that are active in the real estate and construction sectors, including Countrywide plc, Pegasus Retirement Homes plc.; Knightsbridge Student Housing Ltd and Titlestone Property Finance Ltd,

for Countryside: development and construction of residential properties and urban regeneration.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6865 — Oaktree/Countryside, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).


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