The Commission for the Protection of Competition of the Republic of Cyprus concludes that a transaction does not affect the current position of the acquirer and therefore decided that it did not raise serious doubts as regards its compatibility with the competitive market (Vicini/SLZA)

Background On the 27th of December 2013, the Commission for the Protection of Competition (the «Commission») received a notification relating to the proposed acquisition by S.L.Z.A. S.A. («S.L.Z.A.») of 30% of the share capital of Vicini S.p.A. («Vicini»), in accordance with section 13 of the Cyprus Merger Control Law («Law»). S.L.Z.A, is a company duly registered in accordance with the laws of Luxembourg and is a special purpose vehicle entity that was established with the sole purpose of carrying out the proposed transaction. S.L.Z.A. is owned by F.C.P.R.L Capital 3, which is an investment management fund under the management of “L Capital Management S.A.S”. In turn, “L. Capital Management S.A.S” is an investment management company of two active private equity funds (F.C.P.R.L Capital 2 and

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

Polyvios Panayides, The Commission for the Protection of Competition of the Republic of Cyprus concludes that a transaction does not affect the current position of the acquirer and therefore decided that it did not raise serious doubts as regards its compatibility with the competitive market (Vicini/SLZA), 14 March 2014, e-Competitions Bulletin Financial services, Art. N° 68833

Visites 58

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues