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Document C2016/146/14

    Prior notification of a concentration (Case M.7985 — SEGRO/PSPIB/Target Assets) — Candidate case for simplified procedure (Text with EEA relevance)

    OJ C 146, 26.4.2016, p. 15-15 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    26.4.2016   

    EN

    Official Journal of the European Union

    C 146/15


    Prior notification of a concentration

    (Case M.7985 — SEGRO/PSPIB/Target Assets)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    (2016/C 146/14)

    1.

    On 18 April 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings SEGRO plc (‘SEGRO’, United Kingdom) and Public Sector Pension Investment Board (‘PSPIB’, Canada) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of four logistics assets in the Czech Republic (The Damco Building in Hostivice, Prague) and in Italy (Bologna DC 6 — Geodis, Bologna DC 7 — One Express, Castel San Giovanni (CSC) Building N) (together ‘the Target Assets’) by way of purchase of assets.

    2.

    The business activities of the undertakings concerned are:

    —   for SEGRO: owning, managing and developing modern warehousing, light industrial and data centre properties,

    —   for PSPIB: managing stocks, bonds and other fixed-income securities as well as investments in private equity, real estate, infrastructure and natural resources.

    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 Case M.7985 — SEGRO/PSPIB/Target Assets, to the following 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’).

    (2)  OJ C 366, 14.12.2013, p. 5.


    Sus