# C_2017133EN.01000701.xml

| 27.4.2017 | EN | Official Journal of the European Union | C 133/7 |
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27.4.2017

EN

Official Journal of the European Union

C 133/7

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Prior notification of a concentration

(Case M.8297 — GE/Baker Hughes)

(Text with EEA relevance)

(2017/C 133/07)

| 1. | On 20 April 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which General Electric Company (‘GE’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over Baker Hughes Incorporated (‘BHI’, USA) by way of purchase of shares. |
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1.

On 20 April 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which General Electric Company (‘GE’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control over Baker Hughes Incorporated (‘BHI’, USA) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for GE: broad and diversified range of activities, including GE’s oil and gas manufacturing and technology solutions spanning across subsea & drilling, rotating equipment, imaging and sensing;
  —   for BHI: provision of oilfield services on a global scale to oil and gas exploration and production companies with a focus on the drilling and evaluation of wells as well as on the completion and production of wells. |
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2.

The business activities of the undertakings concerned are:

—   for GE: broad and diversified range of activities, including GE’s oil and gas manufacturing and technology solutions spanning across subsea & drilling, rotating equipment, imaging and sensing;

for GE

—   for BHI: provision of oilfield services on a global scale to oil and gas exploration and production companies with a focus on the drilling and evaluation of wells as well as on the completion and production of wells.

for BHI

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

| 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 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8297 — GE/Baker Hughes, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

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 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8297 — GE/Baker Hughes, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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