Wednesday, 26 September 2018

Decision 667/2018

Decision on the proposed acquisition of "YGEIA S.A." by "HELLENIC HEALTHCARE S.A.R.L.", granting the latter sole control over the former. 

Decision 667/2018
File (PDF) Decision 667/2018
Date of Publication of Decision September 26th, 2018
Issue Number of Government Bulletin  
Relevant Market Medical Clinics
Proceedings Merger
Legal Framework Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011)
Decision Clearance 
Target Company YGEIA S.A.
Summary of Decision

The Hellenic Competition Commission, in plenary session, cleared by majority, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of 70.38%of the shares of YGEIA S.A. by HELLENIC HEALTHCARE S.A.R.L., granting the latter sole control over the former.

The Commission decided that the concentration in question, although falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011, does not raise any serious doubts as to its compatibility with merger control rules in the relevant market.

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