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Document 52019M9678

Prior notification of a concentration (Case M.9678 — Keppel Infrastructure/MET Capital/MET) Candidate case for simplified procedure (Text with EEA relevance)2019/C 419/09

PUB/2019/210

OJ C 419, 12.12.2019, p. 17–17 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, RO, SK, SL, FI, SV)
OJ C 419, 12.12.2019, p. 18–18 (PT)

12.12.2019   

EN

Official Journal of the European Union

C 419/17


Prior notification of a concentration

(Case M.9678 — Keppel Infrastructure/MET Capital/MET)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 419/09)

1.   

On 6 December 2019, 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 Infrastructure Holdings Pte. Ltd. (‘Keppel Infrastructure’, Singapore),

MET Capital Partners AG (‘MET Capital’, Switzerland),

MET Holding AG (‘MET’, Switzerland), controlled by MET Capital.

Keppel Infrastructure and MET Capital acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of MET.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are:

Keppel Infrastructure controls a group of companies active in the fields of energy and environmental infrastructure,

MET Capital holds participations in entities in the energy sector,

MET is an integrated European energy company, headquartered in Switzerland, with diversified activities through its subsidiaries in natural gas, LNG/LPG, power and oil, focused on multi-commodity wholesale, trading and sales, as well as energy infrastructure and industrial assets.

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 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.9678 — Keppel Infrastructure/MET Capital/MET

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

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’).

(2)  OJ C 366, 14.12.2013, p. 5.


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