ISSN 1977-091X

Official Journal

of the European Union

C 438

European flag  

English edition

Information and Notices

Volume 65
18 November 2022


Contents

page

 

II   Information

 

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

 

European Commission

2022/C 438/01

Non-opposition to a notified concentration (Case M.10893 – QUATTROR / IMTC / MTD) ( 1 )

1

2022/C 438/02

Non-opposition to a notified concentration (Case M.10888 – INEOS / SINOPEC / INEOS STYROLUTION ADVANCED MATERIALS) ( 1 )

2

2022/C 438/03

Non-opposition to a notified concentration (Case M.10916 – ALPHA / PENINSULA / PRIMA INDUSTRIE) ( 1 )

3

2022/C 438/04

Non-opposition to a notified concentration (Case M.10953 – ADD / TOTALENERGIES / TOTAL) ( 1 )

4


 

IV   Notices

 

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

 

European Commission

2022/C 438/05

Euro exchange rates — 17 November 2022

5


 

V   Announcements

 

ADMINISTRATIVE PROCEDURES

 

European Commission

2022/C 438/06

Notice pursuant to Article 29(2) of the Staff Regulations – Publication of a vacancy for the function of Director for Standards, Dissemination, Cooperation in the European Statistical System (AD 14) in the Directorate-General Eurostat (Luxembourg) – COM/2022/10420

6

 

PROCEDURES RELATING TO THE IMPLEMENTATION OF THE COMMON COMMERCIAL POLICY

 

European Commission

2022/C 438/07

Notice of initiation of a partial interim review of the anti-dumping measures applicable to imports of threaded tube or pipe cast fittings, of malleable cast iron and spheroidal graphite cast iron, originating in the People’s Republic of China and Thailand

7

 

PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

 

European Commission

2022/C 438/08

Prior notification of a concentration (Case M.10897 – PREDICA / VAUBAN / TELEFONICA / BLUEVIA) – Candidate case for simplified procedure ( 1 )

12

2022/C 438/09

Prior notification of a concentration (Case M.10929 – GENERALI REAL ESTATE / MUNICH RE / SAXON LAND) – Candidate case for simplified procedure ( 1 )

14


 


 

(1)   Text with EEA relevance.

EN

 


II Information

INFORMATION FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

18.11.2022   

EN

Official Journal of the European Union

C 438/1


Non-opposition to a notified concentration

(Case M.10893 – QUATTROR / IMTC / MTD)

(Text with EEA relevance)

(2022/C 438/01)

On 25 October 2022, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

in the merger section of the ‘Competition policy’ website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32022M10893. EUR-Lex is the online point of access to European Union law.


(1)  OJ L 24, 29.1.2004, p. 1.


18.11.2022   

EN

Official Journal of the European Union

C 438/2


Non-opposition to a notified concentration

(Case M.10888 – INEOS / SINOPEC / INEOS STYROLUTION ADVANCED MATERIALS)

(Text with EEA relevance)

(2022/C 438/02)

On 25 October 2022, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

in the merger section of the ‘Competition policy’ website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32022M10888. EUR-Lex is the online point of access to European Union law.


(1)  OJ L 24, 29.1.2004, p. 1.


18.11.2022   

EN

Official Journal of the European Union

C 438/3


Non-opposition to a notified concentration

(Case M.10916 – ALPHA / PENINSULA / PRIMA INDUSTRIE)

(Text with EEA relevance)

(2022/C 438/03)

On 28 October 2022, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

in the merger section of the ‘Competition policy’ website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32022M10916. EUR-Lex is the online point of access to European Union law.


(1)  OJ L 24, 29.1.2004, p. 1.


18.11.2022   

EN

Official Journal of the European Union

C 438/4


Non-opposition to a notified concentration

(Case M.10953 – ADD / TOTALENERGIES / TOTAL)

(Text with EEA relevance)

(2022/C 438/04)

On 14 November 2022, the Commission decided not to oppose the above notified concentration and to declare it compatible with the internal market. This decision is based on Article 6(1)(b) of Council Regulation (EC) No 139/2004 (1). The full text of the decision is available only in English and will be made public after it is cleared of any business secrets it may contain. It will be available:

in the merger section of the ‘Competition policy’ website of the Commission (http://ec.europa.eu/competition/mergers/cases/). This website provides various facilities to help locate individual merger decisions, including company, case number, date and sectoral indexes,

in electronic form on the EUR-Lex website (http://eur-lex.europa.eu/homepage.html?locale=en) under document number 32022M10953. EUR-Lex is the online point of access to European Union law.


(1)  OJ L 24, 29.1.2004, p. 1.


IV Notices

NOTICES FROM EUROPEAN UNION INSTITUTIONS, BODIES, OFFICES AND AGENCIES

European Commission

18.11.2022   

EN

Official Journal of the European Union

C 438/5


Euro exchange rates (1)

17 November 2022

(2022/C 438/05)

1 euro =


 

Currency

Exchange rate

USD

US dollar

1,0319

JPY

Japanese yen

144,80

DKK

Danish krone

7,4383

GBP

Pound sterling

0,87475

SEK

Swedish krona

10,9871

CHF

Swiss franc

0,9818

ISK

Iceland króna

148,90

NOK

Norwegian krone

10,4980

BGN

Bulgarian lev

1,9558

CZK

Czech koruna

24,399

HUF

Hungarian forint

415,60

PLN

Polish zloty

4,7153

RON

Romanian leu

4,9254

TRY

Turkish lira

19,2124

AUD

Australian dollar

1,5526

CAD

Canadian dollar

1,3820

HKD

Hong Kong dollar

8,0770

NZD

New Zealand dollar

1,6986

SGD

Singapore dollar

1,4221

KRW

South Korean won

1 394,06

ZAR

South African rand

18,0961

CNY

Chinese yuan renminbi

7,3859

HRK

Croatian kuna

7,5410

IDR

Indonesian rupiah

16 224,01

MYR

Malaysian ringgit

4,7122

PHP

Philippine peso

59,293

RUB

Russian rouble

 

THB

Thai baht

37,123

BRL

Brazilian real

5,6535

MXN

Mexican peso

20,0620

INR

Indian rupee

84,3940


(1)  Source: reference exchange rate published by the ECB.


V Announcements

ADMINISTRATIVE PROCEDURES

European Commission

18.11.2022   

EN

Official Journal of the European Union

C 438/6


NOTICE PURSUANT TO ARTICLE 29(2) OF THE STAFF REGULATIONS

Publication of a vacancy for the function of Director for Standards, Dissemination, Cooperation in the European Statistical System (AD 14) in the Directorate-General Eurostat

(Luxembourg)

COM/2022/10420

(2022/C 438/06)

The European Commission has published a vacancy notice (reference COM/2022/10420) for the function of Director for Standards, Dissemination, Cooperation in the European Statistical System (AD 14) in the Directorate-General Eurostat (Luxembourg).

To consult the text of the vacancy notice in 24 languages and to submit your application, please visit this dedicated webpage on the European Commission’s website: https://europa.eu/!XVXW4m


PROCEDURES RELATING TO THE IMPLEMENTATION OF THE COMMON COMMERCIAL POLICY

European Commission

18.11.2022   

EN

Official Journal of the European Union

C 438/7


Notice of initiation of a partial interim review of the anti-dumping measures applicable to imports of threaded tube or pipe cast fittings, of malleable cast iron and spheroidal graphite cast iron, originating in the People’s Republic of China and Thailand

(2022/C 438/07)

The European Commission (‘the Commission’) has received a request for a partial interim review of the anti-dumping measures applicable to imports of threaded tube or pipe cast fittings, of malleable cast iron and spheroidal graphite cast iron, originating in the People’s Republic of China (‘PRC’) and Thailand, pursuant to Article 11(3) of Regulation (EU) 2016/1036 of the European Parliament and of the Council of 8 June 2016 on protection against dumped imports from countries not members of the European Union (1) (‘the basic Regulation’). The partial interim review is limited to the product scope.

1.   Request for review

The request was lodged on 22 August 2022 by the Union importer KWTools B.V. (‘the applicant’).

2.   Product under review

The product subject to this review is threaded tube or pipe cast fittings, of malleable cast iron and spheroidal graphite cast iron, excluding bodies of compression fittings using ISO DIN 13 metric thread and malleable iron threaded circular junction boxes without having a lid, currently falling under CN codes ex 7307 19 10 (TARIC codes 7307191010 and 7307191020) originating in the PRC and Thailand.

3.   Existing measures

The measures currently in force are a definitive anti-dumping duty imposed by Commission Implementing Regulation (EU) 2019/1259 (2).

4.   Grounds for the review

The applicant provided sufficient evidence that the scope of the existing measure includes products that should be excluded.

The applicant alleged that (i) ductile iron clamp tees with rubber sealing, for use on grooved steel run pipe with an outlet hole; (ii) ductile iron grooved end caps for use on grooved steel pipe with a threaded outlet; (iii) ductile iron grooved reducers with threaded end; and (iv) ductile iron grooved reducing tees with threaded outlet were covered by the original product scope. These products allegedly do not share the same basic physical and technical characteristics and end-uses with the product covered by the measures and should therefore be considered as a separate products.

5.   Procedure

Having determined, after informing the Member States, that sufficient evidence exists to justify the initiation of a partial interim review limited to the product scope, the Commission initiates a review in accordance with Article 11(3) of the basic Regulation.

The Commission also draws the attention of the parties that, further to the COVID-19 outbreak, a Notice (3) was published on the consequences of the COVID-19 outbreak on anti-dumping and anti-subsidy investigations that may be applicable to this proceeding.

5.1.   Written submissions

Subject to the provisions of this Notice, all interested parties are hereby invited to make their views known, submit information and provide supporting evidence regarding the appropriateness of reviewing the scope of the measures. Unless otherwise specified, this information and supporting evidence must reach the Commission within 37 days of the date of publication of this Notice in the Official Journal of the European Union.

5.2.   Interested parties

In order to participate in the investigation, interested parties, such as exporting producers, Union producers, importers and their representative associations, users and their representative associations, trade unions and representative consumer organisations first have to demonstrate that there is an objective link between their activities and the product under review.

Being considered as an interested party is without prejudice to the application of Article 18 of the basic Regulation.

Access to the file available for inspection for interested parties is made via Tron.tdi at the following address: https://webgate.ec.europa.eu/tron/TDI. Please follow the instructions on that page to get access.

5.3.   Possibility to be heard by the Commission investigation services

All interested parties may request to be heard by the Commission investigation services.

Any request to be heard must be made in writing and must specify the reasons for the request as well as a summary of what the interested party wishes to discuss during the hearing. The hearing will be limited to the issues set out by the interested parties in writing beforehand.

At the stage of definitive findings, a request should be made within 3 days from the date of the final disclosure, and the hearing will normally take place within the period granted to comment on the final disclosure. If there is an additional final disclosure, a request should be made immediately upon receipt of this additional final disclosure, and the hearing will normally take place within the deadline to provide comments on this disclosure.

The outlined timeframe is without prejudice to the right of the Commission services to accept hearings outside the timeframe in duly justified cases and to the right of the Commission to deny hearings in duly justified cases. Where the Commission services refuse a hearing request, the party concerned will be informed of the reasons for such refusal.

In principle, hearings will not be used to present factual information which is not yet on file. Nevertheless, in the interest of good administration and to enable Commission services to progress with the investigation, interested parties may be directed to provide new factual information after a hearing.

5.4.   Instructions for making written submissions and sending correspondence

Information submitted to the Commission for the purpose of trade defence investigations shall be free from copyrights. Interested parties, before submitting to the Commission information and/or data which is subject to third party copyrights, must request specific permission to the copyright holder explicitly allowing the Commission a) to use the information and data for the purpose of this trade defence proceeding and b) to provide the information and/or data to interested parties to this investigation in a form that allows them to exercise their rights of defence.

All written submissions, including the information requested in this Notice, completed questionnaires and correspondence provided by interested parties for which confidential treatment is requested shall be labelled ‘Sensitive’ (4). Parties submitting information in the course of this investigation are invited to reason their request for confidential treatment.

Parties providing ‘Sensitive’ information are required to furnish non-confidential summaries of it pursuant to Article 19(2) of the basic Regulation, which will be labelled ‘For inspection by interested parties’. Those summaries should be sufficiently detailed to permit a reasonable understanding of the substance of the information submitted in confidence.

If a party providing confidential information fails to show good cause for a confidential treatment request or does not furnish a non-confidential summary of it in the requested format and quality, the Commission may disregard such information unless it can be satisfactorily demonstrated from appropriate sources that the information is correct.

Interested parties are invited to make all submissions and requests via TRON.tdi (https://tron.trade.ec.europa.eu/tron/TDI) including scanned powers of attorney and certification sheets. By using TRON.tdi or email, interested parties express their agreement with the rules applicable to electronic submissions contained in the document ‘CORRESPONDENCE WITH THE EUROPEAN COMMISSION IN TRADE DEFENCE CASES’ published on the website of the Directorate-General for Trade: https://circabc.europa.eu/ui/group/2e3865ad-3886-4131-92bb-a71754fffec6/library/c8672a13-8b83-4129-b94c-bfd1bf27eaac/details

The interested parties must indicate their name, address, telephone and a valid e-mail address and they should ensure that the provided e-mail address is a functioning official business e-mail which is checked on a daily basis. Once contact details are provided, the Commission will communicate with interested parties by TRON.tdi or e-mail only, unless they explicitly request to receive all documents from the Commission by another means of communication or unless the nature of the document to be sent requires the use of a registered mail. For further rules and information concerning correspondence with the Commission including principles that apply to submissions via TRON.tdi and by e-mail, interested parties should consult the communication instructions with interested parties referred to above.

Commission address for correspondence:

European Commission

Directorate-General for Trade

Directorate G

Office: CHAR 04/039

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

Email: TRADE-R784-MTF@ec.europa.eu

6.   Schedule of the investigation

The investigation shall normally be concluded within 12 months and in any event no later than 15 months from the date of the publication of this Notice, pursuant to Article 11(5) of the basic anti-dumping Regulation.

7.   Submission of information

As a rule, interested parties may only submit information in the timeframes specified in section 5 of this Notice.

In order to complete the investigation within the mandatory deadlines, the Commission will not accept submissions from interested parties after the deadline to provide comments on the final disclosure or, if applicable, after the deadline to provide comments on the additional final disclosure.

8.   Possibility to comment on other parties’ submissions

In order to guarantee the rights of defence, interested parties should have the possibility to comment on information submitted by other interested parties. When doing so, interested parties may only address issues raised in the other interested parties' submissions and may not raise new issues.

Comments on the information provided by other interested parties in reaction to the disclosure of the definitive findings should be submitted within 3 days from the deadline to comment on the definitive findings, unless otherwise specified. If there is an additional final disclosure, comments on the information provided by other interested parties in reaction to this disclosure should be made within 1 day from the deadline to comment on this disclosure, unless otherwise specified.

In order to complete the investigation within the mandatory deadlines, the Commission will not accept submissions from interested parties after the deadline to provide comments on the final disclosure.

9.   Extension to time limits specified in this Notice

Any extension to the time limits provided for in this Notice should only be requested in exceptional circumstances and will only be granted if duly justified upon good cause being shown.

In any event, any extension to the deadline to reply to questionnaires will be limited normally to 3 days, and as a rule will not exceed 7 days.

Regarding time limits for the submission of other information specified in the Notice of Initiation, extensions will be limited to 3 days unless exceptional circumstances are demonstrated.

10.   Non-cooperation

In cases where any interested party refuses access to or does not provide the necessary information within the time limits, or significantly impedes the investigation, findings, affirmative or negative, may be made on the basis of facts available, in accordance with Article 18 of the basic Regulation.

Where it is found that any interested party has supplied false or misleading information, the information may be disregarded and use may be made of facts available.

If an interested party does not cooperate or cooperates only partially and findings are therefore based on facts available in accordance with Article 18 of the basic Regulation, the result may be less favourable to that party than if it had cooperated.

Failure to give a computerised response shall not be deemed to constitute non-cooperation, provided that the interested party concerned shows that presenting the response as requested would result in an unreasonable extra burden or unreasonable additional cost. That interested party should immediately contact the Commission.

11.   Hearing Officer

Interested parties may request the intervention of the Hearing Officer for trade proceedings. The Hearing Officer reviews requests for access to the file, disputes regarding the confidentiality of documents, requests for extension of time limits and any other request concerning the rights of defence of interested parties and third parties as may arise during the proceeding.

The Hearing Officer may organise hearings and mediate between the interested party/-ies and Commissions services to ensure that the interested parties’ rights of defence are being fully exercised. A request for a hearing with the Hearing Officer should be made in writing and should specify the reasons for the request. The Hearing Officer will examine the reasons for the requests. These hearings should only take place if the issues have not been settled with the Commission services in the due course.

Any request addressed to the Hearing Officer must be submitted in good time and expeditiously so as not to jeopardise the orderly conduct of proceedings. To that effect, interested parties should request the intervention of the Hearing Officer at the earliest possible time following the occurrence of the event justifying such intervention. The Hearing Officer will examine the reasons for requests for interventions, the nature of the issues raised and the impact of those issues on the rights of defence, having due regard to the interests of good administration and the timely completion of the investigation.

For further information and contact details interested parties may consult the Hearing Officer’s web pages on DG Trade’s website: https://policy.trade.ec.europa.eu/contacts/hearing-officer_en

12.   Processing of personal data

Any personal data collected in this investigation will be treated in accordance with Regulation (EU) 2018/1725 of the European Parliament and of the Council (5).

A data protection notice that informs all individuals of the processing of personal data in the framework of Commission’s trade defence activities is available on DG Trade’s website: https://circabc.europa.eu/ui/group/2e3865ad-3886-4131-92bb-a71754fffec6/library/cef4ace2-299e-4e29-a17e-d450f34a23a5/details


(1)  OJ L 176, 30.6.2016, p. 21.

(2)  Commission Implementing Regulation (EU) 2019/1259 of 24 July 2019 imposing a definitive anti-dumping duty on imports of threaded tube or pipe cast fittings, of malleable cast iron and spheroidal graphite cast iron, originating in the People’s Republic of China and Thailand, following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council (OJ L 197, 25.7.2019, p. 2).

(3)  On the consequences of the COVID-19 outbreak on anti-dumping and anti-subsidy investigations (OJ C 86, 16.3.2020, p. 6).

(4)  A ‘Sensitive’ document is a document which is considered confidential pursuant to Article 19 of the basic Regulation and Article 6 of the WTO Agreement on Implementation of Article VI of the GATT 1994 (Anti-Dumping Agreement). It is also a document protected pursuant to Article 4 of Regulation (EC) No 1049/2001 of the European Parliament and of the Council (OJ L 145, 31.5.2001, p. 43).

(5)  Regulation (EU) 2018/1725 of the European Parliament and of the Council of 23 October 2018 on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data, and repealing Regulation (EC) No 45/2001 and Decision No 1247/2002/EC (OJ L 295, 21.11.2018, p. 39).


PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY

European Commission

18.11.2022   

EN

Official Journal of the European Union

C 438/12


Prior notification of a concentration

(Case M.10897 – PREDICA / VAUBAN / TELEFONICA / BLUEVIA)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 438/08)

1.   

On 3 November 2022, 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:

Predica or Prévoyance Dialogue du Crédit Agricole S.A. (‘Predica’, France),

Vauban Infrastructure Partners S.C.A. (‘Vauban’, France),

Telefonica S.A. (‘Telefonica’, Spain),

Bluevia Fibra, S.L. (‘Bluevia’, Spain).

Predica, Vauban and Telefonica acquire joint control of Bluevia within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings are:

Predica is a life and health insurance company and is a wholly owned subsidiary of Crédit Agricole Assurances S.A,

Vauban is a European asset management company with a focus on infrastructure equity investments in the design, construction, maintenance, financing and operation of essential infrastructure assets in the transportation, social, digital and utilities sectors,

Telefonica is active in the telecommunications, media and entertainment sectors, focused around services of wireline and wireless telephony, broadband, internet, data traffic, Pay TV and other digital services,

Bluevia will operate and exploit an FTTH network in rural and other less populated areas in Spain.

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.10897 – PREDICA / VAUBAN / TELEFONICA / BLUEVIA

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.


18.11.2022   

EN

Official Journal of the European Union

C 438/14


Prior notification of a concentration

(Case M.10929 – GENERALI REAL ESTATE / MUNICH RE / SAXON LAND)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 438/09)

1.   

On 10 November 2022, 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:

Generali Real Estate S.P.A. (‘GRE’), which is solely controlled by Assicurazioni Generali S.P.A (‘Generali’, both Italy),

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (‘Munich Re’, Germany),

Saxon Land B.V. (the ‘JV’, the Netherlands).

GRE and Munich Re will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are the following:

GRE is a real estate asset manager, operating with an integrated business model providing the full scope of asset management including property management services and is mainly active in Europe. The ultimate parent company of GRE, Assicurazioni Generali S.P.A., Italy, is active in the insurance and financial sector with worldwide activities,

Munich Re is an international insurance company, which covers the entire value chain of reinsurance, primary insurance and insurance-ancillary risk solutions, and also offers asset management services. Munich Re is active globally, with a focus on Europe and North America,

The JV is a real estate investment company, holding a single real estate property, a leasehold interest in 120 Fenchurch Street, London, UK, where a 15-story building with approx. 40 600 sqm of office and retail space is located.

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 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.10929 – GENERALI REAL ESTATE / MUNICH RE / SAXON LAND

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.