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H&F / BLACKSTONE / SCOUT24
M.9333
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
The Proposed Transaction involves the indirect acquisition of joint control over Scout24 by funds or entities affiliated with Hellman & Friedman LLC and investment funds advised or managed by affiliates of The Blackstone Group L.P.
H&F is a private equity firm whose business is to invest long-term equity capital growth companies.
Blackstone is a global alternative asset manager. It is headquartered in the United States and has offices in Europe and Asia. Blackstone is listed on the New York Stock Exchange.
Scout24 is an online classifieds portal for professional and private customers specializing in the real estate and automotive sectors in Germany and other European countries.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.