24.10.2017   

EN

Official Journal of the European Union

C 358/8

1.

On 16 October 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

CVC and Blackstone acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Paysafe.

The concentration is accomplished by way of public bid announced on 4 August 2017.

2.

The business activities of the undertakings concerned are:

—   CVC: provision of advice to and management of investment funds and platforms,

—   Blackstone: a global alternative asset manager,

—   Paysafe: provision of online and mobile payment processing services.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

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. The following reference should always be specified:

M.8640 — CVC/Blackstone/Paysafe

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below: