| Decision 648/2017 | |
|---|---|
| File (PDF) | Decision 648/2017 |
| Date of Publication of Decision | July 5th, 2017 |
| Issue Number of Government Bulletin | Β΄ 1235/09.04.2020 |
| Relevant Market | Financing and Leasing of Aeroplanes |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | Dubai Aerospace Enterprise (DAE) Ltd |
| Target Company |
Carmel Capital S.a.r.l |
| Summary of Decision |
The Chamber of the Hellenic Competition Commission cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of 100% of the shares in Carmel Capital S.a.r.l. sole shareholder of AWAS Aviation Capital DAC, by Dubai Aerospace Enterprise (DAE) Ltd. The Commission decided that the concentration does not raise any serious doubts as to its copatibility with merger control rules in the relevant markets, i.e airplane financing and leasing. |
| Judicial Means | Final. Decision has not been appealed |
| Decisions by the Court of Appeal of Athens (Administrative Division) | - |
