30.11.2017   

EN

Official Journal of the European Union

C 406/3

1.

On 23 November 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

Engie indirectly acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of IPMETL and IPFC.

The concentration is accomplished by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—   for Engie: global energy player active across the entire energy value chain in the fields of gas, electricity and energy services,

—   for IPMETL: providing energy trading services to the wholesale gas and electricity markets in Great Britain,

—   for IPFC: providing natural gas shipping services in Great Britain.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

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. The following reference should always be specified:

M.8717 — Engie/IPM Energy Trading/International Power Fuel Company

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below: