20.1.2016   

EN

Official Journal of the European Union

C 19/12

1.

On 12 January 2016, 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 Coty Inc. (USA, ‘Coty’) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of a significant part of the global hair care, colouring and styling, colour cosmetics, and fragrance businesses of The Procter & Gamble Company (USA, ‘the Target Businesses’) by way of purchase of shares. The proposed transaction will ultimately be effected by merging a Coty subsidiary with and into a newly formed subsidiary of The Procter & Gamble Company, which will hold the Target Businesses.

2.

The business activities of the undertakings concerned are:

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. 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 M.7726 — Coty/Procter & Gamble Beauty Businesses, to the following address: