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3.10.2019 |
EN |
Official Journal of the European Union |
C 332/18 |
Prior notification of a concentration
(Case M.9450 — PPG/TIL/JV)
(Text with EEA relevance)
(2019/C 332/08)
1.
On 26 September 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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Peel Ports Group Limited (United Kingdom, ‘PPG’), |
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Terminal Investments Limited S.a.r.l (Switzerland, ‘TIL’), jointly controlled by MSC Mediterranean Shipping Company S.A. (Switzerland) and by certain equity funds managed by Global Infrastructure Management, LLC (USA), |
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The Mersey Docks and Harbour Company (L2) Limited (United Kingdom, ‘MDHCL2’), belonging to the PPG group. |
PPG and TIL acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of MDHCL2.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:|
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for undertaking PPG: a port group that provides ports, shipping and marine support services. PPG operates in various locations in the United Kingdom, Ireland, the Netherlands and Australia, |
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for undertaking TIL: invests in, develops and manages container terminals in various parts of the world, including Southeast Asia, the Middle East and the Americas, |
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for undertaking MDHCL2: a newly established entity that currently does not have operative business activities. Post-transaction, it will be in charge of the operation of the L2 Terminal at the Port of Liverpool. |
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. The following reference should always be specified:
M.9450 – PPG/TIL/JV
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:
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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’).