# C_2006234EN.01000801.xml

| 29.9.2006 | EN | Official Journal of the European Union | C 234/8 |
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29.9.2006

EN

Official Journal of the European Union

C 234/8

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Prior notification of a concentration

(Case COMP/M.4385 — HSBC/Lamda/Olympia Village)

Candidate case for simplified procedure

(2006/C 234/03)

(Text with EEA relevance)

| 1. | On 22 September 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HSBC Property Investments Luxembourg S.a.r.l. (‘HSBC PIL’, Luxemburg) belonging to the HSBC group and Lamda Development S.A. (‘Lamda’, Greece) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of The Mall, a real estate development held by Lamda Olympia Village S.A. (‘Olympia Village’, Greece), by way of purchase of shares. |
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1.

On 22 September 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HSBC Property Investments Luxembourg S.a.r.l. (‘HSBC PIL’, Luxemburg) belonging to the HSBC group and Lamda Development S.A. (‘Lamda’, Greece) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of The Mall, a real estate development held by Lamda Olympia Village S.A. (‘Olympia Village’, Greece), by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | for undertaking HSBC PIL: real estate investment and management; |
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2.

The business activities of the undertakings concerned are:

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for undertaking HSBC PIL: real estate investment and management;

| — | for Lamda: real estate development; |
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for Lamda: real estate development;

| — | for The Mall: the exploitation of a commercial retail property in Athens. |
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for The Mall: the exploitation of a commercial retail property in Athens.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 the Notice.

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| 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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4385 — HSBC/Lamda/Olympia Village, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| B-1049 Brussels |

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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4385 — HSBC/Lamda/Olympia Village, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Brussels

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(1)  OJ L 24, 29.1.2004, p. 1.

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(2)  OJ C 56, 5.3.2005, p. 32.

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