# C_2007075EN.01001201.xml

| 3.4.2007 | EN | Official Journal of the European Union | C 75/12 |
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3.4.2007

EN

Official Journal of the European Union

C 75/12

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Prior notification of a concentration

(Case COMP/M.4632 — Hanjin/Saudi Aramco/S-Oil)

Candidate case for simplified procedure

(Text with EEA relevance)

(2007/C 75/07)

| 1. | On 22 March 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Hanjin Energy Co Ltd (South Korea) (controlled by Korean Airlines Co Ltd and belonging to the Hanjin Group) and Aramco Overseas Company B.V. (controlled by Saudi Aramco) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the S-Oil Corporation (South Korea) (currently under sole control of Aramco Overseas Company B.V) by way of purchase of shares. |
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1.

On 22 March 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Hanjin Energy Co Ltd (South Korea) (controlled by Korean Airlines Co Ltd and belonging to the Hanjin Group) and Aramco Overseas Company B.V. (controlled by Saudi Aramco) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the S-Oil Corporation (South Korea) (currently under sole control of Aramco Overseas Company B.V) by way of purchase of shares.

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






  — | for Hanjin Group: Air Transport, Shipping, Airport Services, |
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2.

The business activities of the undertakings concerned are:

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for Hanjin Group: Air Transport, Shipping, Airport Services,

| — | for Saudi Aramco: Production and marketing of crude oil and refined products. |
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for Saudi Aramco: Production and marketing of crude oil and refined products.

| 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.4632 — Hanjin/Saudi Aramco/S-Oil, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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.4632 — Hanjin/Saudi Aramco/S-Oil, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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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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