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SACYR VALLEHERMOSO / EIFFAGE

M.4687

SACYR VALLEHERMOSO / EIFFAGE
February 20, 2008
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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.

COMP/M.4687 - SACYR VALLEHERMOSO/ EIFFAGE

SECTION 1.2

Description of the concentration

Le 19 avril 2007, Sacyr Vallehermoso, S.A. a annoncÈ publiquement son intention d'acquÈrir le contrÙle exclusif de Eiffage, S.A par le biais d'une offre publique d'Èchange.

Sacyr Vallehermoso, S.A. est active dans les secteurs de la construction de b‚timents, du gÈnie civil, des terrassements et de la route ; de la promotion immobiliËre ; des concessions autoroutiËres ; des services ; et de la location immobiliËre.

Eiffage, S.A. est active dans les secteurs de la construction de routes ; du gÈnie civil et des terrassements ; de la construction de b‚timents ; des concessions autoroutiËres et ferroviaires ; des installations multitechniques ; et de la promotion immobiliËre.

Cette opÈration n'aura qu'une influence marginale sur la concurrence dans la mesure o˘ les chevauchements d'activitÈs entre les parties sont quasi inexistants et qu'aucun effet vertical, conglomÈral ou autre ne peut Ítre caractÈrisÈ.

EUC

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