Decision 582/2013 | |
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File (PDF) | Decision 582/2013 |
Date of Issuance of Decision |
November 27th, 2013 |
Issue Number of Government Bulletin | |
Relevant Market |
Supermarket items |
Subject of the Decision |
Merger |
Legal Framework |
Phase I (Article 8 par. 3 of L. 3959/2011) |
Operative part of the Decision |
Clearance |
Acquiring company(ies) |
I. & S. Sklavenitis S.A |
Target company(ies) |
Extra Prota & Fthina S.A. |
Summary of Decision |
The competent Chamber of the Hellenic Competition Commission , under its no. 582/VII/2013 unanimous decision, approved, pursuant to article 8 par.3 of L. 3959/2011, the notified concentration resulting from the transfer to “I. & S. Sklavenitis S.A.” of part of the corporate activity of the company “Extra Prota & Fthina S.A.”, (through the signature by the first, as a lessee, of nine renting/lease agreements on real estate in which the second operates stores, the acquisition by the first of the assets of the second, as well as the payment by the first of the compensation for the intangible commercial value created by the second). |
Judicial Means | Final. No appeal. |
Decisions by the Court of Appeal of Athens (Administrative Division) | - |
Wednesday, 27 November 2013
Decision 582/2013
Decision on the prior notification of a concentration, pursuant to Article 6 par.1 of L. 3959/2011, regarding the merger of companies “I. & S. Sklavenitis S.A.” and “Extra Prota & Fthina S.A.” with the signature from the first as a lessee of nine (9) renting/lease agreements on real estate in which the second operates stores, the acquisition from the first of the assets of the second and the payment of compensation for the intangible commercial value created by the second.
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