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GOLDMAN SACHS / TPG LUNDY / TULLOCH HOMES GROUP LIMITED
M.6841
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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.6841-GOLDMAN SACHS/TPG LUNDY/TULLOCH HOMES GROUP LIMITED
SECTION 1.2
Description of the concentration
1. The notification relates to the proposed acquisition of joint control within the meaning of Article 3(1)(b) of Regulation (EC) No 139/2004 by The Goldman Sachs Group, Inc. (“Goldman Sachs”) and TPG LundyCo, L.P. (“TPG Lundy”) of Tulloch Homes Group Limited (“Tulloch Homes”) from Lloyds Banking Group.
2. Goldman Sachs is a global investment banking, securities and investment management firm that provides a wide range of services worldwide to a diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.
3. TPG Lundy is part of the TPG Group, a global private investment firm that manages a family of funds that invest in a variety of companies through acquisitions and corporate restructurings.
4. Tulloch Homes is an English developer and builder of residential houses.