CASE COMMENTS: MERGERS - HORIZONTAL MERGER - CONDITIONAL CLEARANCE

Horizontal merger: The Minister of Economy clears with conditions a concentration in the gaming industry (Accor/Colony/Desseigne-Barrière)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – Min. Éco, July 28, 2004, Accor / Colony / Desseigne-Barrière, aff. C2004-117 By letter dated 28 July 2004, the Minister for Economic Affairs authorised, subject to undertakings, the creation of a joint venture 'Groupe Lucien Barrière' by the company 'Accor casinos', a subsidiary of the Accor group, the Barrière-Desseigne family and the investment fund Colony Capital, LLC. The joint venture, which is intended to bring together all the hotel, casino and ancillary facilities assets of Accor and the Barrière-Desseigne family, will be jointly controlled by the Barrière-Desseigne family (51%), Accor (34%) and Colony (15%). As the concentration has a Community

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  • Freshfields Bruckhaus Deringer (Paris)

Quotation

Jérôme Philippe, Horizontal merger: The Minister of Economy clears with conditions a concentration in the gaming industry (Accor/Colony/Desseigne-Barrière), 28 July 2004, Concurrences N° 4-2005, Art. N° 1110, pp. 101-102

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