Sole control: The French Competition Authority publishes a decision clearing the takeover of 511 shops in the commercial property sector (Camaïeu / Financière Immobilière Bordelaise)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. In the last few days, the Competition Authority has put 12 new merger clearance decisions online, including 10 simplified decisions. Among these decisions is decision No. 20-DCC-172 of 8 December 2020 in favour of which the French Competition Authority has given its unconditional green light to the acquisition of exclusive control of 511 Camaïeu stores by Financière Immobilière Bordelaise (FIB), a company specialising in commercial real estate which operates 22 Galeries Lafayette stores under franchise in the provinces, in the context of receivership proceedings initiated by the Lille Métropole Commercial Court in favour of the Camaïeu group and after an