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Document C2014/461/18

    Prior notification of a concentration (Case M.7474 — QIA/BPP/Songbird) — Candidate case for simplified procedure Text with EEA relevance

    IO C 461, 20.12.2014, p. 45–45 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    20.12.2014   

    EN

    Official Journal of the European Union

    C 461/45


    Prior notification of a concentration

    (Case M.7474 — QIA/BPP/Songbird)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    (2014/C 461/18)

    1.

    On 15 December 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 undertakings Qatar Investment Authority (‘QIA’, Qatar) and Brookfield Property Partners LP (‘BPP’, Bermuda) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Songbird Estates plc (‘Songbird’, United Kingdom) by way of a public bid.

    2.

    The business activities of the undertakings concerned are:

    QIA is the sovereign investment fund of the State of Qatar,

    BPP is solely controlled by Brookfield Asset Management Inc. (Canada), which is an alternative asset management company focusing on investments in property, renewable energy, infrastructure, and private equity,

    Songbird is the parent company of Canary Wharf Group plc, which is active in the development, investment and management of property in London, primarily in the Canary Wharf area.

    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 this 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. Observations can be sent to the Commission by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7474 — QIA/BPP/Songbird, to the following 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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