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BERKSHIRE HATHAWAY / FRUIT OF THE LOOM
M.2666
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Case No COMP/M.2666 - BERKSHIRE HATHAWAY / FRUIT OF THE LOOM
Only the English text is available and authentic.
REGULATION (EEC) No 4064/89 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 23/01/2002
Also available in the CELEX database Document No 302M2666
Office for Official Publications of the European Communities L-2985 Luxembourg
COMMISSION OF THE EUROPEAN COMMUNITIES
Brussels,23.01.2002
SG (2001) D/228229
PUBLIC VERSION
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
SIMPLIFIED PROCEDURE
To the notifying parties
Subject: Case No. COMP/M.2666 - Berkshire Hathaway/Fruit of the Loom Notification of 12.12.2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 Publication in the Official Journal of the European Communities No. C 367, 21.12.2001.
1.On 12.12.2001, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the American company Berkshire Hathaway Inc. acquires within the meaning of Article 3(1)(b) of the Council Regulation control of parts of the American company Fruit of the Loom by way of purchase of assets.
The business activities of the undertakings concerned are :
-- for Berkshire Hathaway : Property, insurance and investment
-- for Fruit of the Loom : Manufacturing and retailing of clothing
3.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph
1OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.
Rue de la Loi 200, B-1049 Bruxelles/Wetstraat 200, B-1049 Brussel - Belgium Telephone: exchange 299.11.11 Telex: COMEU B 21877. Telegraphic address: COMEUR Brussels.
4.c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89.
For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.
For the Commission
Mario MONTI Member of the Commission
2OJ C 217, 29.07.2000, p. 32.
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