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Document 52019M9341
Prior notification of a concentration (Case M.9341 — First State Investment International/Iren Mercato/OLT Offshore LNG Toscana) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9341 — First State Investment International/Iren Mercato/OLT Offshore LNG Toscana) — Candidate case for simplified procedure (Text with EEA relevance.)
Prior notification of a concentration (Case M.9341 — First State Investment International/Iren Mercato/OLT Offshore LNG Toscana) — Candidate case for simplified procedure (Text with EEA relevance.)
IO C 146, 26.4.2019, p. 10–10
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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26.4.2019 |
EN |
Official Journal of the European Union |
C 146/10 |
Prior notification of a concentration
(Case M.9341 — First State Investment International/Iren Mercato/OLT Offshore LNG Toscana)
Candidate case for simplified procedure
(Text with EEA relevance)
(2019/C 146/08)
1.
On 15 April 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:
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First State Investments International Limited (‘FSI’, the UK), controlled by the Commonwealth Bank of Australia, |
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Iren Mercato S.p.A. (‘Iren Mercato’, Italy), belonging to the Iren group, |
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OLT Offshore LNG Toscana S.p.A. (‘OLT’, Italy), currently jointly controlled by Iren Mercato and Uniper Global Commodities SE (‘Uniper’, Germany). |
FSI and Iren Mercato acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the OLT.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:— for FSI: manages long-term investments in core infrastructure companies across Europe on behalf of numerous clients,
— for Iren Mercato: active in the supply of gas, electricity and heat in Italy,
— for OLT: owns and manages the OLT LNG terminal off the coast of Italy.
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.9341 — First State Investment International/Iren Mercato/OLT Offshore LNG Toscana
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
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Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Fax +32 22964301 |
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Postal address: |
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).