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Commission Decision of 10/03/2005 declaring a concentration to be compatible with the common market (Case No COMP/M.3584 - HUTCHISON WHAMPOA / NORTH DN) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

CELEX
32005M3584
Document type
DEC_ENTSCHEID
Sector
Legislation
Date of document
2005-03-10
In force since
2005-03-10
Status
In force

Text

This document has no article-level structure in its source. Full text below.

Commission Decision of 10/03/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3584 - HUTCHISON WHAMPOA / NORTH DN) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | | Brussels, 10.03.2005 SG-Greffe(2005)D/201047 To the notifying parties Dear Madam and Sir, Subject : Case No. COMP/M.3584 Hutchison Whampoa/ North DN Notification of 4 February 2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C38 of 15.02.2005, page 8 1. On 4 February 2005, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Gas Network Limited (“Gas Network”, UK), controlled by Cheung Kong Infrastructure Holdings Limited (“CKI”, Hong Kong), the latter belonging to the Hutchison Whampoa group (“Hutchison”, Hong Kong) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Blackwater F Limited (“North DN”, UK) by way of purchase of shares.

2. The business activities of the undertakings concerned are : - for undertaking Gas Network: special purpose vehicle of a consortium - for undertaking CKI: investment in and operation of infrastructure, energy and transportation businesses in Asia, Australia and Europe - for undertaking Hutchison: diversified industrial and services group - for undertaking North DN: ownership and operation of the North England Gas Distribution Network 3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 4, subparagraph b, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 139/2004.

4. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No. 139/2004. For the Commission (Signed) Neelie Kroes Member of the Commission [1] OJ L 24, 29.1.2004 p. 1 MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION

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