# C_2016398EN.01006201.xml

| 28.10.2016 | EN | Official Journal of the European Union | C 398/62 |
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28.10.2016

EN

Official Journal of the European Union

C 398/62

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Prior notification of a concentration

(Case M.8217 — CPPIB/Hammerson/Grand Central)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 398/12)

| 1. | On 21 October 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Hammerson plc (‘Hammerson’, United Kingdom) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a shopping centre called Grand Central (United Kingdom), currently solely controlled by Hammerson, by way of purchase of shares. |
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1.

On 21 October 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Hammerson plc (‘Hammerson’, United Kingdom) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a shopping centre called Grand Central (United Kingdom), currently solely controlled by Hammerson, by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for CPPIB: professional investment management in real estate, public equities, private equities, infrastructure and fixed income instruments,
  —   for Hammerson: commercial real estate ownership, management and development in Europe, including shopping centres in France and the United Kingdom,
  —   for Grand Central: operation of a shopping centre in Birmingham, United Kingdom. |
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2.

The business activities of the undertakings concerned are:

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

for CPPIB

—   for Hammerson: commercial real estate ownership, management and development in Europe, including shopping centres in France and the United Kingdom,

for Hammerson

—   for Grand Central: operation of a shopping centre in Birmingham, United Kingdom.

for Grand Central

| 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 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 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.8217 — CPPIB/Hammerson/Grand Central, 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.8217 — CPPIB/Hammerson/Grand Central, 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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