6.8.2014   

EN

Official Journal of the European Union

C 255/16

1.

On 29 July 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking OJSC Oil Company Rosneft (of Russia) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of parts of Morgan Stanley (of the USA), namely the Morgan Stanley Global Oil Merchanting Unit, by way of purchase of shares and direct transfer assets.

2.

The business activities of the undertakings concerned are:

—   for OJSC Oil Company Rosneft: Primarily engaged in the exploration, development, production and sale of crude oil and natural gas and the refining and marketing of petroleum products and petrochemicals, mainly in Russia;

—   for Morgan Stanley Global Oil Merchanting Unit: Morgan Stanley’s crude oil and petroleum products merchanting activities and therefore active in the global trading of crude oil and petroleum products.

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.

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.7318 — Rosneft/Morgan Stanley Global Oil Merchanting Unit, to the following address: