Commission Decision of 04/07/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3832 - MATLINPATTERSON L.P. / MATUSSIÈRE & FOREST) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | |Brussels, 04/07/2005 * 202897 SG-Greffe(2005) D/ To the notifying party Dear Madam(s) and/or Sir(s), Subject : Case No. COMP/M.3832 – MatlinPatterson L.P./Matussière & Forest Notification of 06/06/2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C144, 14.06.2005 , page 11 1.
On 06/06/2005 , the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No. 139/2004 by which investment funds controlled by MatlinPatterson L.P. (“MatlinPatterson”, US) acquire within the meaning of Article 3(1)(b) of the Council Regulation control of parts of the assets of Matussière & Forest S.A. (together “Matussière Assets”, France) by way of purchase of shares. The business activities of the undertakings concerned are: - for MatlinPatterson : investment group which invests in companies in financial difficulties with the objective of directing the reorganization process; - for Matussière Assets: manufacture and sale of publication papers.
2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5 (b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004[2]. 3. 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 (EC) No.
139/2004. For the Commission, signed, Neelie KROES Member of the Commission [1] OJ L 24, 29.1.2004 p. 1 [2] OJ C 56, 05.3.2005 p.32 MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION