21.4.2017   

EN

Official Journal of the European Union

C 124/1

—

in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

—

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8428. EUR-Lex is the online access to European law.

21.4.2017   

EN

Official Journal of the European Union

C 124/1

—

in the merger section of the Competition website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes.

—

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32017M8442. EUR-Lex is the online access to European law.

21.4.2017   

EN

Official Journal of the European Union

C 124/2

21.4.2017   

EN

Official Journal of the European Union

C 124/3

(1)

On 12 July 2016 the Council adopted Decision (EU) 2016/1171 (3), which concerns the position to be adopted, on behalf of the Union, within the European Economic Area (EEA) Joint Committee on the proposed amendments to Annex IX (Financial Services) to the EEA Agreement. On 30 September 2016 the EEA Joint Committee adopted Decision of the EEA Joint Committee No 198/2016 (4) amending the status and involvement in the work of the European Systemic Risk Board (ESRB) of the relevant authorities of the European Free Trade Association (EFTA) Member States participating in the EEA. Representatives of the relevant authorities of Norway, Iceland and Liechtenstein are to participate in the work of the ESRB’s General Board without voting rights, and in that of the Advisory Technical Committee. The Governors of these EFTA Member States’ national central banks, and, as regards Liechtenstein, a high-level representative of the Ministry of Finance as well as a high-level representative of the competent national supervisory authority of each of these EFTA Member States, and a college member of the EFTA Surveillance Authority, whenever relevant to its tasks, are to be members of the General Board without voting rights. Representatives of these EFTA Member States’ national central banks, and, as regards Liechtenstein, a representative of the Ministry of Finance, and a representative of the competent national supervisory authority of each of these EFTA Member States are to participate in meetings of the Advisory Technical Committee. These representatives of the relevant authorities of these EFTA Member States will not participate in the work of the ESRB, where the situation of individual Union financial institutions or Member States may be discussed.

(2)

All legal instruments of the ESRB are to be adopted by the General Board and signed by the Head of the ESRB Secretariat to certify their conformity with the decision of the General Board.

(3)

Therefore, Decision ESRB/2011/1 of the European Systemic Risk Board (5) should be amended accordingly,

1.

Article 4 is amended as follows:

2.

Article 5 is amended as follows:

3.

in Article 10, paragraph 2 is replaced by the following:

‘2.   The Steering Committee shall examine in advance items on the preliminary agenda for a General Board meeting together with the relevant documentation. The Steering Committee shall ensure the preparation of the dossiers for the General Board and, where appropriate, shall propose options or solutions. When planning the work and preparing the meeting agendas of the General Board, it shall be taken into account that those members who are participating pursuant to Article 4(7) may be asked not to participate on the General Board, where the situation of individual Union financial institutions or Member States is discussed. The Steering Committee shall report on an ongoing basis to the General Board on the development of the ESRB’s activities.’;

4.

Article 13 is amended as follows:

5.

Article 27 is amended as follows:

21.4.2017   

EN

Official Journal of the European Union

C 124/6

1.

On 10 April 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Fifth Cinven Fund, managed by Cinven Capital Management (V) General Partner Limited (‘Cinven’, United Kingdom) and the Canada Pension Plan Investment Board (‘CPPIB’, Canada) acquire within the meaning of Article 3(1)(b) of the Merger Regulation jont control over of the Travel Holdings Parent Corporation and its subsidiaries (‘the Target’ or ‘Tourico’). The Target will subsequently be merged with Hotelbeds Travel Company, Inc., a wholly owned subsidiary of Hotelbeds US Holdco, Inc., the latter being jointly controlled by Cinven and CPPIB.

2.

The business activities of the undertakings concerned are:

—   for Cinven: private equity firm engaged in the provision of investment management and investment advisory services to a number of investment funds,

—   for CPPIB: investment management organisation created by an Act of Parliament to invest the funds of the Canada Pension Plan,

—   for the Target: travel-related brokerage company, headquartered in Orlando, Florida.

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.

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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8408 — Cinven/CPPIB/Travel Holdings Parent Corporation, to the following address:

21.4.2017   

EN

Official Journal of the European Union

C 124/7

1.

On 10 April 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the State Grid International Development Limited (‘SGID’, China) controlled by the State-owned Assets Supervision and Administration Commission of the State Council of the People’s Republic of China (‘Central SASAC’) and the Hellenic State, will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the Independent Power Transmission Operator S.A. (‘IPTO’, Greece) by way of a purchase of shares.

2.

The business activities of the undertakings concerned are:

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 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 this 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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8379 — SGID/Hellenic Republic/IPTO, to the following address:

21.4.2017   

EN

Official Journal of the European Union

C 124/8

1.

On 11 April 2017, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking KKR & Co. L.P. (‘KKR’, United States) and Caisse de depot et placement du Quebec (‘CDPQ’, Canada) will acquire within the meaning of Article 3(1)(b) of the Merger Regulation indirect joint control over USI Insurance Services (‘USI’ or ‘Target’, United States).

2.

The business activities of the undertakings concerned are:

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 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 this 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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8462 — KKR/CDPQ/USI Insurance Services, to the following address: