M.8718 - Starwood Capital Group / Accor / Sofitel Budapest Chain Bridge Hotel

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M.8718 - Starwood Capital Group / Accor / Sofitel Budapest Chain Bridge Hotel

Disclaimer : The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein. M.8718 - STARWOOD CAPITAL GROUP / ACCOR / SOFITEL BUDAPEST CHAIN BRIDGE HOTEL SECTION 1.2 Description of the concentration Starwood Capital Group (“SCG”), a US-based private investment firm, acting through entities of which it has control, and Accor-Pannonia Hotels Zrt, a private company limited by shares registered under Hungarian law which belongs to the group of companies controlled by Accor S.A. (“Accor Group”), a French company, have entered into a global agreement by which they intend to acquire and exercise, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over the hotel known as the “Sofitel Budapest Chain Bridge Hotel”, located at 1054 Budapest (5th district), Széchenyi István tér 2 (the “Target Hotel”). Starwood Capital Group (“SCG”) is a U.S.-based private investment firm with a core focus on global real estate. Accor-Pannonia Hotels Zrt is a private company registered under Hungarian law, ultimately controlled by Accor S.A., a French multinational hotel group. The Target Hotel, composed of the physical building and the going concern, is a luxury (5-star) hotel, comprising 357 hotel rooms and suites, and various amenities (restaurants, bars, meeting rooms, spa and wellness center, car parking and leased out business spaces), located in Budapest, Hungary. Joint control of the Target Hotel derives from provisions in the Hotel Management Agreement which have for effect that both SCG and Accor-Pannonia Hotels Zrt. could be deemed to hold joint control of the Target Hotel. .

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended December 31, 2015 OR o Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to Commission File Number: 1-7959 STARWOOD HOTELS & RESORTS WORLDWIDE, INC. (Exact name of registrant as specified in its charter) Maryland (State or other jurisdiction of incorporation or organization) 52-1193298 (I.R.S. employer identification no.) One StarPoint Stamford, CT 06902 (Address of principal executive offices, including zip code) (203) 964-6000 (Registrant’s telephone number, including area code) Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Common Stock, par value $0.01 per share New York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x Note: Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
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