# C_2012139EN.01002501.xml

| 15.5.2012 | EN | Official Journal of the European Union | C 139/25 |
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15.5.2012

EN

Official Journal of the European Union

C 139/25

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Prior notification of a concentration

(Case COMP/M.6579 — Mitsubishi Corporation/Development Bank of Japan INC/DVB Bank SE/TES Holdings LTD)

Candidate case for simplified procedure

(Text with EEA relevance)

2012/C 139/11

| 1. | On 3 May 2012, 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 Mitsubishi Corporation (‘MC’, Japan), the Development Bank of Japan (‘DBJ’, Japan) and DVB Bank (‘DVB’, Germany), which is controlled by DZB Group (‘DZB’, Germany), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking TES Holdings Ltd. and its subsidiaries (‘TES’, UK) by way of purchase of shares. |
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1.

On 3 May 2012, 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 Mitsubishi Corporation (‘MC’, Japan), the Development Bank of Japan (‘DBJ’, Japan) and DVB Bank (‘DVB’, Germany), which is controlled by DZB Group (‘DZB’, Germany), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking TES Holdings Ltd. and its subsidiaries (‘TES’, UK) by way of purchase of shares.

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






  — | for MC: general trading activities in various industries including energy, metals, machinery, chemicals, food and general merchandise, |
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2.

The business activities of the undertakings concerned are:

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for MC: general trading activities in various industries including energy, metals, machinery, chemicals, food and general merchandise,

| — | for DBJ: financial services, including integrated investment and loan services as well as consulting and advisory services, |
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for DBJ: financial services, including integrated investment and loan services as well as consulting and advisory services,

| — | for DVB: financial services, specialising in international transport finance, including integrated financing solutions and advisory services in respect of Shipping Finance, Aviation Finance and Land Transport Finance, |
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for DVB: financial services, specialising in international transport finance, including integrated financing solutions and advisory services in respect of Shipping Finance, Aviation Finance and Land Transport Finance,

| — | for DZB: central institution for German cooperative financial network (‘Volksbanken Raiffeisenbanken’) and corporate banking services, |
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for DZB: central institution for German cooperative financial network (‘Volksbanken Raiffeisenbanken’) and corporate banking services,

| — | for TES: aircraft engine management, short term end of life aircraft engine leasing (‘stub leasing’) and aircraft part and material sales. |
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for TES: aircraft engine management, short term end of life aircraft engine leasing (‘stub leasing’) and aircraft part and material sales.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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 the EC 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 EC Merger Regulation (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 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6579 — Mitsubishi Corporation/Development Bank of Japan INC/DVB Bank SE/TES Holdings LTD, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 number COMP/M.6579 — Mitsubishi Corporation/Development Bank of Japan INC/DVB Bank SE/TES Holdings LTD, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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