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 14 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004, under which Griffin Topco III Sarl (“Griffin”), ultimately controlled by Oaktree Capital Group LLC (“Oaktree”), and LVS II Lux XX S.à.r.l., a wholly-owned subsidiary of an investment fund managed by Pacific Investment Management Company LLC (“PIMCO”) will acquire, through a special purpose vehicle, Lisala sp z o.o. (“Lisala”), joint control of a publicly traded undertaking, Echo Investment S.A. (“Echo”), with its seat in Kielce, Poland, within the meaning of Article 3(1) (b) of the Merger Regulation.

The business activities of the undertakings concerned are:

• with respect to Oaktree: investment activities;

• with respect to Griffin: investment in real estate assets and services;

• with respect to PIMCO: investment activities;

• with respect to LVS II Lux : investment in real estate assets and services; and

• with respect to Echo: real estate assets and services.

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.