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Document C2011/203/12

Prior notification of a concentration (Case COMP/M.6240 — Temasek/E. OPPENHEIMER/Tana JV) — Candidate case for simplified procedure Text with EEA relevance

OJ C 203, 9.7.2011, p. 21–21 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)



Official Journal of the European Union

C 203/21

Prior notification of a concentration

(Case COMP/M.6240 — Temasek/E. OPPENHEIMER/Tana JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 203/12


On 29 June 2011, 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 Temasek Holdings (Private) Limited (‘Temasek’, Singapore) and E. OPPENHEIMER & Son International Ltd (‘E. OPPENHEIMER’, British Virgin Islands) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a Joint Venture comprised of two companies, Tana Africa Capital Limited and Tana Africa Investment Managers Limited (collectively referred to as Tana) by way of purchase of shares in a newly created company constituting a joint venture.


The business activities of the undertakings concerned are:

for Temasek: an investment holding company. Its portfolio covers a broad spectrum of industries: financial services; telecommunications, media and technology; transportation & industrials; life sciences, consumer & real estate; energy & resources,

for E. OPPENHEIMER: family investment vehicle whose primary asset is a substantial equity stake in De Beers, alongside other interests held on an investment basis,

for Tana: new joint venture that will invest in private and public companies in the fast moving consumer goods sector in Africa. Tana has no current business or activities.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


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 or by post, under reference number COMP/M.6240 — Temasek/E. OPPENHEIMER/Tana JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry


1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).