Official Journal of the European Union

C 43/27

Prior notification of a concentration

(Case COMP/M.5049 — Goldmann Sachs/Colony Capital/BUT)

(Text with EEA relevance)

(2008/C 43/07)


On 5 February 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking The Goldmann Sachs Group (‘Goldmann Sachs’, USA) and Colyzeo Investors II, Colony Investors VIII (together ‘Colony Capital’, USA) acquire within the meaning of Article 3(1)(b) of Council Regulation (EC) No 139/2004 joint control of the undertaking BUT (‘BUT’, France) by way of purchase of shares.


The business activities of the undertakings concerned are:

for Goldmann Sachs: investment banking and securities,

for Colony: investment and property management,

for BUT: retail of household furniture and electricals.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.5049 — Goldmann Sachs/Colony Capital/BUT, to the following address:

European Commission

Directorate-General for Competition

Merger Registry


B-1049 Bruxelles/Brussels

(1)  OJ L 24, 29.1.2004, p. 1.