This document is an excerpt from the EUR-Lex website
Document 52024M11393
Prior notification of a concentration (Case M.11393 – KEPPEL / AERMONT CAPITAL) – Candidate case for simplified procedure
Prior notification of a concentration (Case M.11393 – KEPPEL / AERMONT CAPITAL) – Candidate case for simplified procedure
Prior notification of a concentration (Case M.11393 – KEPPEL / AERMONT CAPITAL) – Candidate case for simplified procedure
PUB/2024/71
OJ C, C/2024/1435, 8.2.2024, ELI: http://data.europa.eu/eli/C/2024/1435/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
|
Official Journal |
EN Series C |
|
C/2024/1435 |
8.2.2024 |
Prior notification of a concentration
(Case M.11393 – KEPPEL / AERMONT CAPITAL)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/1435)
1.
On 31 January 2024, 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:
|
— |
Keppel Ltd. (Singapore, ‘Keppel’), |
|
— |
Aermont Capital Group SCSp (Luxembourg, Aermont Capital Group), which is in sole control of Aermont Capital S.à.r.l (Luxembourg, ‘Aermont’) pre-transaction. |
Keppel and Aermont Capital Group will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Aermont.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:|
— |
Keppel a Singapore-incorporated public limited company whose shares are listed on the Singapore Exchange. Keppel is a global asset manager and operator with expertise in sustainability-related solutions in the areas of infrastructure, real estate and connectivity. |
|
— |
Aermont Capital Group is a Luxembourg-incorporated, independent asset management group with a focus on real estate and real estate-related investment activities. |
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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11393 – KEPPEL CORPORATION / AERMONT CAPITAL
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:
|
European Commission |
|
Directorate-General for Competition |
|
Merger Registry |
|
1049 Bruxelles/Brussel |
|
BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).
ELI: http://data.europa.eu/eli/C/2024/1435/oj
ISSN 1977-091X (electronic edition)