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4.3.2017 |
EN |
Official Journal of the European Union |
C 69/13 |
Prior notification of a concentration
(Case M.8341 — Lone Star Fund/Xella International)
(Text with EEA relevance)
(2017/C 69/10)
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1. |
On 22 February 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking LSF10 XL Bidco SCA (Luxembourg), an affiliate of Lone Star Fund X (US), L.P. and Lone Star Fund X (Bermuda), L.P. (both of which are private equity funds organised by Lone Star) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of the undertaking Xella International SA (Luxembourg), parent company of the Xella Group by way of a purchase of shares. |
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2. |
The business activities of the undertakings concerned are: — for Lone Star: private equity firm that invests globally in real estate, equity (including the equity of operating companies), credit and other financial assets, — for the Xella Group: a diversified building materials group organised around (i) building materials; (ii) dry lining; and (iii) lime. |
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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. |
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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 M.8341 — Lone Star Fund/Xella International, to the following address:
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(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).