Commission Decision of 18/04/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4190 - AUTOSTRADE / SIAS / COSTANERA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | |Brussels, 18.04.2006 SG-Greffe(2006) D/202087 To the notifying parties Dear Madam, Dear Sir, Subject : Case No. COMP/M.4190 – Autostrade / SIAS / Costanera Notification of 17.03.2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C75, 28.03.2006, p. 17 1. On 17.03.2006, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No.
139/2004 by which the undertakings Autostrade S.p.A. (“Autostrade”, Italy), controlled by Edizione Holding S.p.A. and SIAS S.p.A. (“SIAS”, Italy) controlled by Aurelia S.p.A. acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Sociedad Concesionaria Costanera Norte S.A. (“Costanera”, Chile) by way of purchase of shares in a newly created company constituting a joint venture. 2. The business activities of the undertakings concerned are: - for Autostrade: management of motorways; - for SIAS: management of motorways, construction; - for Costanera: management of urban motorways in Chile.
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 5, subparagraph a, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004[2]. 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 [2] OJ C 56, 05.3.2005 p.32 MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION