# C_2005318EN.01000401.xml

| 14.12.2005 | EN | Official Journal of the European Union | C 318/4 |
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14.12.2005

EN

Official Journal of the European Union

C 318/4

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Prior notification of a concentration

(Case COMP/M.4053 — Morgan Stanley/AM Development)

Candidate case for simplified procedure

(2005/C 318/04)

(Text with EEA relevance)

| 1. | On 6 December 2005, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking MSREF V International Fund belonging to the Morgan Stanley Group (‘Morgan Stanley’, UK) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of AM Development B.V. (‘AM Development’, Netherlands) part of the undertaking AM N.V. (‘AM’, Netherlands) by way of purchase of shares. |
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1.

On 6 December 2005, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking MSREF V International Fund belonging to the Morgan Stanley Group (‘Morgan Stanley’, UK) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of AM Development B.V. (‘AM Development’, Netherlands) part of the undertaking AM N.V. (‘AM’, Netherlands) by way of purchase of shares.

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






  — | for undertaking Morgan Stanley: global financial services including investment banking, sales, trading, financing and private equity, |
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2.

The business activities of the undertakings concerned are:

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for undertaking Morgan Stanley: global financial services including investment banking, sales, trading, financing and private equity,

| — | for undertaking AM Development: office and retail development. |
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for undertaking AM Development: office and retail development.

| 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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4053 — Morgan Stanley/AM Development, to the following address:





  European Commission |
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| Competition DG |
| 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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4053 — Morgan Stanley/AM Development, to the following address:

European Commission

Competition DG

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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