# C_2016378EN.01002301.xml

| 14.10.2016 | EN | Official Journal of the European Union | C 378/23 |
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14.10.2016

EN

Official Journal of the European Union

C 378/23

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Prior notification of a concentration

(Case M.8208 — CPPIB/Glencore/Glencore Agri)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 378/12)

| 1. | On 6 October 2016, 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 Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Glencore plc (‘Glencore’, Switzerland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Glencore Agriculture Limited (‘Glencore Agri’, Switzerland) by way of purchase of shares. |
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1.

On 6 October 2016, 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 Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Glencore plc (‘Glencore’, Switzerland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Glencore Agriculture Limited (‘Glencore Agri’, Switzerland) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for CPPIB: investment in public equities, private equities, real estate, infrastructure and fixed income instruments,
  —   for Glencore: supply and trading of a wide range of commodities and raw materials, including metals, minerals, oil and oil products, coal and agricultural products around the world. Its customers are commercial firms, active in the automotive, steel, power generation, oil and food processing sectors,
  —   for Glencore Agri: origination and marketing of agricultural products, including grains, oils/oilseeds, cotton, sugar and bio-diesel. |
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2.

The business activities of the undertakings concerned are:

—   for CPPIB: investment in public equities, private equities, real estate, infrastructure and fixed income instruments,

for CPPIB

—   for Glencore: supply and trading of a wide range of commodities and raw materials, including metals, minerals, oil and oil products, coal and agricultural products around the world. Its customers are commercial firms, active in the automotive, steel, power generation, oil and food processing sectors,

for Glencore

—   for Glencore Agri: origination and marketing of agricultural products, including grains, oils/oilseeds, cotton, sugar and bio-diesel.

for Glencore Agri

| 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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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 this Notice. |
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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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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 this 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 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8208 — CPPIB/Glencore/Glencore Agri, 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.8208 — CPPIB/Glencore/Glencore Agri, 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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(2)  OJ C 366, 14.12.2013, p. 5.

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