Document ID: 32017M8602
Language: ENG

<table><tr><td><p><span><img/></span></p></td><td><p><span>EUROPEAN COMMISSION</span></p></td></tr></table>
Brussels, 28.11.2017
C(2017) 8092 final
<table><tr><td><p/></td><td><p><span>To the notifying parties:</span></p></td></tr></table>
Subject : Case M.8602 - DIF / CDC / ADTIM Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 1 and Article 57 of the Agreement on the European Economic Area 2
Dear Sir or Madam,
1. On 26 October 2017 , the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which DIF Management Holding B.V (DIF, Netherlands) and Caisse des dépôts et consignations (CDC, France) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of ADTIM SAS (ADTIM, France) by way of purchase of shares . 3
2. The business activities of the undertakings concerned are:
- for DIF : an independent manager of infrastructure funds, in order to invest in risk capital long-term infrastructure projects ,
- for CDC : a French public institution with a special legal status, which carries out activities of general interest, including the manag e ment of private funds ,
- for ADTIM : a company handling public service delegations by a French local public body ( Syndicat Mixte Ardèche Drôme Numérique ) for telecommunications services .
3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5 ( a ) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 . 4
4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement .
For the Commission ( S igned )
Johannes LAITENBERGER Director - General
<note>
(1) OJ L 24, 29.1.2004, p. 1 ( the ' Merger Regulation ' ). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ( ' TFEU ' ) has introduced certain changes, such as the replacement of ' Community ' by ' Union ' and ' common market ' by ' internal market ' . The terminology of the TFEU will be used throughout this decision.
(2) OJ L 1, 3.1.1994, p. 3 ( the ' EEA Agreement ' ).
(3) Publication in the Official Journal of the European Union No C 373 , 4.11.2017 , p. 5 .
(4) OJ C 366, 14.12.2013, p. 5 .
</note>