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Document C2006/210/08

Prior notification of a concentration (Case COMP/M.4358 — REOF/Borletti/Printemps) — Candidate case for simplified procedure Text with EEA relevance

OJ C 210, 1.9.2006, p. 44–44 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)



Official Journal of the European Union

C 210/44

Prior notification of a concentration

(Case COMP/M.4358 — REOF/Borletti/Printemps)

Candidate case for simplified procedure

(2006/C 210/08)

(Text with EEA relevance)


On 24 August 2006, 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 RREEF Fund II (‘REOF’, USA), controlled by Deutsche Bank AG (‘Deutsche Bank’, Germany) and Mr. Borletti (‘Borletti’, Italy/UK) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking France Printemps SA (‘Printemps’, France), by way of purchase of shares.


The business activities of the undertakings concerned are:

for REOF: investment fund with portfolio investments in real estate assets in Europe, Asia Pacific and the Americas;

for Deutsche Bank: commercial bank with worldwide operations in investments, financial and related products and services;

for Borletti: participations in investments such as tourism, hotel management, agriculture and real estate;

for Printemps: non-food retail and specialized sport articles stores in France.


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.


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 (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4358 — REOF/Borletti/Printemps, to the following address:

European Commission

Directorate-General for Competition

Merger Registry


B-1049 Bruxelles/Brussel

(1)  OJ L 24, 29.1.2004, p. 1.

(2)  OJ C 56, 5.3.2005, p. 32.