22.7.2015   

EN

Official Journal of the European Union

C 240/3

1.

On 10 July 2015, 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 Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Intu Holding Sàrl (‘Intu Holding’, Luxembourg) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Puerto Venecia Investments Socimi, SA (‘Puerto Venecia’, Spain) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—   for CPPIB: investments in public equities, private equities, real estate, infrastructure and fixed income investments,

—   for Intu Holding: shopping centre ownership, management and development. Intu Holding is a wholly owned subsidiary of Intu Properties plc, which also has commercial real estate rental activities, ancillary retail interests in retail parks, high street properties, office spaces, residential, industrial and leisure facilities and pre-development activities on real estate sites,

—   for Puerto Venecia: commercial real estate rental. Puerto Venecia holds a shopping mall and retail park located in Zaragoza.

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 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 number M.7689 — CPPIB/Intu Holding/Puerto Venecia, to the following address: