CASE COMMENT: MERGER - CLEARANCE - JOINT CONTROL

Joint control: The French Ministry of the Economy clears a merger in the sector of airport services leading to a joint control of the entity (CFF Recycling)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. By Decision C2005-9 of March 29, 2005, the Minister authorized the acquisition by SBB Recycling, a company specialising in the recycling of metal recycling, a majority shareholding in the capital of the company Penauille Polyservices (PPS), active in services to SBB's and PPS's activities are not affected by the overlap. What will be of particular interest, however, is the reasoning, in three steps, followed by the Minister's services to to conclude that SBB and JCPP (the holding company of the group Jean-Claude Penauille) will exercise de facto joint control over PPS. First, it appears that the notified operation

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Joint control: The French Ministry of the Economy clears a merger in the sector of airport services leading to a joint control of the entity (CFF Recycling), 29 March 2005, Concurrences N° 3-2005, Art. N° 63333, www.concurrences.com

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