NOTIFIED CONCENTRATIONS AUTHORISED
Having examined the notifications on intended concentration deals filed by undertakings in its regular meeting the Competition Council passed the resolutions authorising the implementation of the notified deals:
1. Authorisation to UAB Saugos investicijų biuras to execute the concentration by acquiring up to 57.1 percent of shares of UAB VP Sauga in accordance with the submitted notification. The Competition Council based its decision on the finding that the intended concentration will not result in a creation or strengthening of a dominant position or any significant restriction of competition in the security services markets.
2. Authorisation to UAB Hermis Capital to implement concentration by acquiring up to 100 percent holding in UAB Kauno diena as appropriately notified to the Competition Council. It was established that the intended concentration will not create or strengthen a dominant position in the relevant markets.
Competition Council Spokesperson