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18.10.2014 |
EN |
Official Journal of the European Union |
C 371/20 |
Prior notification of a concentration
(Case M.7319 — KKR/Allianz/Selecta)
(Text with EEA relevance)
(2014/C 371/13)
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1. |
On 13 October 2014, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which KKR & CO L.P. (‘KKR’, USA) and Allianz SE (‘Allianz’, Germany) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Selecta AG and affiliated companies (‘Selecta’) by other means. Selecta is currently indirectly solely controlled by Allianz. |
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2. |
The business activities of the undertakings concerned are: — for KKR: a broad range of alternative asset management services to public and private market investors and capital markets solutions for the firm, its portfolio companies and other clients, — for Allianz: international insurance and financial services; active in life insurance, property insurance, asset management and banking services, — for Selecta: vending services in both public and private settings, such as the sale of consumables used to stock vending machines and other related supplies, as well as stocking and maintenance of vending machines, for both food and beverage vending. |
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3. |
On preliminary examination, the European Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. |
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4. |
The European Commission invites interested third parties to submit their possible observations on the proposed operation to the European Commission. Observations must reach the European Commission not later than 10 days following the date of this publication. Observations can be sent to the European Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7319 — KKR/Allianz/Selecta, to the following address:
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(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).