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

On January 22, 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of the EC Merger Regulation, by which The Goldman Sachs Group, Inc. (ìGoldman Sachsî) and Onex Corporation (ìOnexî) will acquire joint control over Raytheon Aircraft Company (ìRACî), owned by Raytheon Company. Neither Goldman Sachs nor Onex have any material presence in the same markets as RAC.

The business activities of the undertakings concerned are:

• Goldman Sachs: global investment banking, securities and investment management and the provision of a wide range of banking, securities and investment services worldwide;

• Onex: the acquisition, administration, and divestment of participations in undertakings in a wide range of markets;

• RAC: the production and sale of corporate jets, turboprops, piston-powered aircraft, turboprop trainers, and special mission aircraft; the distribution of spare parts and the provision of business aviation services at airports.

The parties respectfully submit that there are no affected markets and that the Transaction is eligible for the Commissionís simplified procedure.