# C_2014047EN.01000601.xml

| 19.2.2014 | EN | Official Journal of the European Union | C 47/6 |
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19.2.2014

EN

Official Journal of the European Union

C 47/6

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Prior notification of a concentration

(Case COMP/M.7166 — Sacyr/LBEIP/HC)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 47/06

| 1. | On 7 February 2014, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings LBEIP (Holdco) BV (‘LBEIP’, the Netherlands), belonging to the Lloyds Banking Group, and Sacyr Concesiones, SL (‘Sacyr Concesiones’, Spain), ultimately controlled by the Sacyr Group, acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Hospitales Concesionados, SL (‘HC’, Spain), by way of purchase of shares. |
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1.

On 7 February 2014, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings LBEIP (Holdco) BV (‘LBEIP’, the Netherlands), belonging to the Lloyds Banking Group, and Sacyr Concesiones, SL (‘Sacyr Concesiones’, Spain), ultimately controlled by the Sacyr Group, acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Hospitales Concesionados, SL (‘HC’, Spain), by way of purchase of shares.

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






  — | LBEIP manages a pension fund which invests in infrastructure projects, |
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2.

The business activities of the undertakings concerned are:

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LBEIP manages a pension fund which invests in infrastructure projects,

| — | Sacyr Concesiones is the infrastructure concession division of the Sacyr Group, which concentrates on sectors such as construction, property and services, |
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Sacyr Concesiones is the infrastructure concession division of the Sacyr Group, which concentrates on sectors such as construction, property and services,

| — | HC manages and operates the public concessions for non-health services at two hospitals in Madrid: ‘Hospital Infanta Cristina’ and ‘Hospital del Henares’. |
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HC manages and operates the public concessions for non-health services at two hospitals in Madrid: ‘Hospital Infanta Cristina’ and ‘Hospital del Henares’.

| 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 the 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 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.7166 — Sacyr/LBEIP/HC, 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 number COMP/M.7166 — Sacyr/LBEIP/HC, 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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