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Document C2006/256/06

Prior notification of a concentration (Case COMP/M.4393 — Istithmar/Mubadala/DAE/SR Technics) — Candidate case for simplified procedure Text with EEA relevance

OJ C 256, 24.10.2006, p. 12–12 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)

24.10.2006   

EN

Official Journal of the European Union

C 256/12

Prior notification of a concentration

(Case COMP/M.4393 — Istithmar/Mubadala/DAE/SR Technics)

Candidate case for simplified procedure

(2006/C 256/06)

(Text with EEA relevance)

1.

On 13 October 2006, 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 Istithmar PJSC (‘Istithmar’, United Arab Emirates), belonging to the Dubai World group, Mubadala Development Company PJSC (‘Mubadala’, United Arab Emirates) and Dubai Aerospace Enterprise (DAE) Limited (‘DAE’, United Arab Emirates) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking SR Technics Holding AG (‘SR Technics’, Switzerland) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—

for Istithmar: alternative investment house focusing on private equity, real estate and other alternative investments;

—

for Mubadala: direct principal investments in a wide range of strategic sectors;

—

for DAE: holding company for manufacture and services companies;

—

for SR Technics: maintenance, repair and overhaul (MRO) services for commercial aircraft.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 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. Observations can be sent to the Commission by fax (fax No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4393 — Istithmar/Mubadala/DAE/SR Technics, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel

(1)  OJ L 24, 29.1.2004, p. 1.

(2)  OJ C 56, 5.3.2005, p. 32.

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