EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 07/12/2020

In electronic form on the EUR-Lex website under document number 32020M10027

EUROPEAN COMMISSION

Brussels, 7.12.2020 C(2020) 8832 final

PUBLIC VERSION

To the notifying party

Dear Sir or Madam,

1.1. On 12 November 2020, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Lone Star Real Estate Fund VI, L.P (Bermuda), belonging to the group Lone Star Funds (USA & Bermuda) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over the whole of the undertaking McCarthy & Stone PLC (UK) by way of a public bid announced on 23 October 2020.

2. The business activities of the undertakings concerned are:

- Lone Star is a private equity firm that invests globally in real estate, equity, credit and other financial assets;

- McCarthy & Stone PLC develops and manages retirement properties in the UK.

3.3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

4.4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it

1OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology of the TFEU will be used throughout this decision.

2OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

3Publication in the Official Journal of the European Union No C 393, 18.11.2020, p. 10.

4OJ C 366, 14.12.2013, p. 5.

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.

compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission

(Signed) Olivier GUERSENT Director-General

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