Commission Decision of 10/09/2013 declaring a concentration to be compatible with the common market (Case No COMP/M.7013 - PLATINUM EQUITY / CBS OUTDOOR) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) |EUROPEAN COMMISSION | Brussels, 10.09.2013 C(2013) 5885 PUBLIC VERSION SIMPLIFIED MERGER PROCEDURE To the notifying party | | Subject: Case No COMP/M.7013 - PLATINUM EQUITY/ CBS OUTDOOR Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 [1] 1. On 07.08.2013, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Platinum Equity, LLC (“Platinum”, USA), acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of CBS Outdoor Europe (“CBS Outdoor”, United Kingdom), by way of purchase of shares.
2. The business activities of the undertakings concerned are: - Platinum: merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business, including information technology, telecommunications, logistics, metal services, manufacturing and distribution; - CBS Outdoor: provision of outdoor advertising displays and related services in France, Ireland, Italy, the Netherlands, Spain and the United Kingdom [2] . 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(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 [3] .
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 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. For the Commission (signed) Alexander ITALIANER Director General [1]OJ 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. [2] Publication in the Official Journal of the European Union No C 235, 14.08.2013, p. 4. [3] OJ C 56, 5.3.2005, p. 32.