The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of part of SKROUTZ Internet Services SA share capital by CVC Capital Partners SICAV-FIS S.A., via SAIGA S.a.r.l..
CVC, together with its subsidiaries and affiliates, constitute the 'CVC Network'. The activities of these companies include the provision of investment advice and/or investment management on behalf of certain funds and investment platforms.
SAIGA S.a.r.l. is a special purpose company, duly registered in accordance with the laws of Luxembourg, for the purposes of the proposed transaction.
SKROUTZ Internet Services SA is a company duly registered in accordance with the laws of the Hellenic Republic. This company is active in the field of internet services, through the development of e-commerce platforms.