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

1.1.11.1.1 The proposed concentration involves the proposed acquisition of all shares of Atento Inversiones y Teleservicios S.A. (“Atento”) from Telefonica S.A. (“Telefonica”) by Bain Capital Brazilco Participacoes S.A. (“Brazil Holdco”); B.C. Atalaya Mexholdco, S. de R.L. de C.V. (“Mexico Holdco”); Global Chaucer, S.L.U. (“Spain Holdco”); Global Laurentia, S.L.U. (“Spain Holdco 2”); B.C. Spain Holdco 4, S.A.U. (“Spain Holdco 4”); Global Kiowa, S.L.U. (“Spain Holdco 5”); BC Luxco 1 (“Luxco 1”); and BC Luxco 2 (“Luxco 2”) (collectively, the “Purchasers”) (the “Proposed Transaction”). The Purchasers are recently created holding companies for the purposes or in contemplation of the Proposed Transaction and are all controlled by Bain Capital Investors, LLC (“Bain Capital Investors”). As a result of the Proposed Transaction, Bain Capital Investors will acquire indirect sole control of Atento and its subsidiaries.

1.1.21.1.2 The activities of the Parties are as follows:

• Purchasers: holding companies;

• Bain Capital Investors: private equity investment firm; and

• Atento: provider of business process outsourcing services, primarily related to client relationship management, and in particular customer care.