Hellenic Competition Commission

Thursday, 01 October 2020 13:17

Decision 718/2020

Decision on  the concentration concerning the acquisition of joint control by the companies (a) FARALLON CAPITAL MANAGEMENT LLC, through the company “HEALTHCARE INVESTORS II (GREECE) LLC” and (b) PIRAEUS BANK SA, over parts of the assets and liabilities of the company EUROMEDICA SA.  

 

Decision 718/2020
File (PDF) Decision 718/2020
Date of Publication of Decision October 1st, 2020 
Issue Number of Government Bulletin
Relevant Market 

Private general clinics;  private obstetric clinics; private diagnostic centres; private recovery and rehabilitation centres; and private neuropsychiatric clinics 

Proceedings  Merger
Legal Framework Phase I (Article 8(3) of the Greek Competition Act 3959/2011)
Decision 

Clearance

Acquiring Company (a) FARALLON CAPITAL MANAGEMENT LLC, and (b) PIRAEUS BANK SA
Target Company EUROMEDICA S.A. 
Summary of Decision

Τhe Chamber of the Hellenic Competition Commission approved, pursuant to Art. 8(3) of Greek Law 3959/2011, the proposed transaction notified to it on 27/7/2020, which concerns the acquisition of joint control by the companies (a) FARALLON CAPITAL MANAGEMENT LLC, through the company “HEALTHCARE INVESTORS II (GREECE) LLC” and (b) PIRAEUS BANK SA, over parts of the assets and liabilities of the company EUROMEDICA SA. The transaction while falling within the scope of Art. 6(1) of Greek Law 3959/2011, does not raise any serious doubts as to its compatibility with the competition rules in the relevant market involved.

Judicial Means Final. Decision has not been appealed. 
Decisions by the Court of Appeal of Athens(Administrative Division) -
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