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GOLDMAN SACHS / QMH
M.3539
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Case No COMP/M.3539 - GOLDMAN SACHS / QMH
Only the English text is available and authentic.
REGULATION (EC) No 139/2004 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 07/09/2004
Also available in the CELEX database Document No 32004M3539
Office for Official Publications of the European Communities L-2985 Luxembourg
COMMISSION OF THE EUROPEAN COMMUNITIES
Brussels, 07/09/2004
SG-Greffe(2004) D/203952
PUBLIC VERSION
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
SIMPLIFIED PROCEDURE
To the notifying party
Dear Madams and Sirs,
Subject: Case No. COMP/M.3539 ñ Goldman Sachs/QMH Notification of 10.08.2004 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 Publication in the Official Journal of the European Union No. C 206, 14.08.2004, page 2
1.On 10.08.2004 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking W2001 Britannia L.L.C (ìBritanniaî USA) controlled by The Goldman Sachs Group Inc (ìGoldman Sachsî, USA) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Queens Moat Houses plc (ìQMHî UK) by way of purchase of shares or by the purchase of assets.
The business activities of the undertakings concerned are :
1OJ L 24, 29.1.2004 p. 1
Commission europÈenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
-- for Goldman Sachs : investment banking and securities.
-- for QMH : ownership and operation of hotels.
2.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No139/2004 .
For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004.
For the Commission
(Signed)
Mario MONTI Member of the Commission
2Available on DG COMP website: http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf
2