Access to European Union law
<a href="https://eur-lex.europa.eu/content/help/eurlex-content/experimental-features.html" target="_blank">More about the experimental features corner</a>
Choose the experimental features you want to try
EUR-Lex
Access to European Union law

This document is an excerpt from the EUR-Lex website

You are here
Use quotation marks to search for an "exact phrase". Append an asterisk (*) to a search term to find variations of it (transp*, 32019R*). Use a question mark (?) instead of a single character in your search term to find variations of it (ca?e finds case, cane, care).
Search tips
Need more search options? Use the Advanced search

Document C2005/048/04

    Prior notification of a concentration (Case COMP/M.3718 — Banca Intesa/Ifil/Marcegaglia/SIT) — Candidate case for simplified procedureText with EEA relevance

    OJ C 48, 24.2.2005, p. 4–4 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)

    24.2.2005   

    EN

    Official Journal of the European Union

    C 48/4

    Prior notification of a concentration

    (Case COMP/M.3718 — Banca Intesa/Ifil/Marcegaglia/SIT)

    Candidate case for simplified procedure

    (2005/C 48/04)

    (Text with EEA relevance)

    1.

    On 17 February 2005, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Banca Intesa S.p.A. (‘Banca Intesa’, Italy), IFIL Investissements S.A. (‘IFIL’, Luxembourg), Marcegaglia S.p.A. (‘Marcegaglia’, Italy) and Sviluppo Italia S.p.A. (‘Sviluppo Italia’, Italy) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Sviluppo Italia Turismo S.p.A. (‘SIT’, Italy), currently solely controlled by Sviluppo Italia, by way of purchase of shares.

    2.

    The business activities of the undertakings concerned are:

    —

    Banca Intesa is the holding of a banking and financial group,

    —

    Ifil is a holding company of a group active in different sectors, including tourism (through the Alpitour group),

    —

    Marcegaglia is mainly active in steel manufacturing,

    —

    Sviluppo Italia is an Italian agency for enterprise and inward investment development,

    —

    SIT is charged with the task of the development of tourism in underused areas. Currently it owns and rents to tour operators several tourist villages in the South of Italy.

    3.

    On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.3718 — Banca Intesa/Ifil/Marcegaglia/SIT, to the following address:

    European Commission

    Directorate-General for Competition,

    Merger Registry

    J-70

    B-1049 Bruxelles/Brussel

    (1)  OJ L 24, 29.1.2004, p. 1.

    (2)  Available on DG COMP website:

    http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf.

    Top