Commission Decision of 27/03/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3115 - ABN AMRO CAPITAL / PIZZAEXPRESS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 080 , 03/04/2003 P. 0016 - 0016 Commission Decision of 27/03/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3115 - ABN AMRO CAPITAL / PIZZAEXPRESS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying party Dear Sirs, Subject: Case No. COMP/M.3115 - ABN AMRO CAPITAL/PIZZAEXPRESS Notification of 27.02.2003 pursuant to Article 4 of Council Regulation (EEC) No.
4064/89 [1] Publication in the Official Journal of the European Communities No. C 52, 06/03/03, p. 11 [1] OJ 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. 1. On 27.02.2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertaking ABN AMRO Capital Limited ("ABN AMRO CAPITAL", United Kingdom) belonging to ABN AMRO Group ("ABN AMRO", The Netherlands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking PizzaExpress PLC ("PizzaExpress", United Kingdom) by way of purchase of shares.
2. The business activities of the undertakings concerned are : - for ABN AMRO CAPITAL: Management of the ABN AMRO LBO Fund, an English registered limited partnership belonging to ABN AMRO. - for ABN AMRO: Provision of financial services throughout Europe and the world. - for PizzaExpress: Restaurant group operating mainly in the United Kingdom. 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 4, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2]. [2] OJ C 217, 29.07.2000, p.
32. 4. 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 signed Mario MONTI Member of the Commission