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

(1) On 9 December 2015, the Commission received notification of a proposed concentration pursuant to which Astorg Asset Management S.à r.l. acting on behalf of Astorg VI (“Astorg”) and The Goldman Sachs Group, Inc. (“Goldman Sachs”) will acquire, indirectly through affiliated holding companies, joint control over Laboratoire HRA Pharma S.A.S and its subsidiaries (together with its subsidiaries “HRA Pharma”) within the meaning of Article 3(1)(b) of the EU Merger Regulation.

(2) The business activities of the parties are as follows:

-- Astorg is a private equity investment firm;

-- Goldman Sachs is a global investment banking, securities and investment management firm;

-- HRA Pharma is a French pharmaceutical company that develops and sells pharmaceutical products and devices in women health and endocrinology sectors.