# C_2014073EN.01003301.xml

| 12.3.2014 | EN | Official Journal of the European Union | C 73/33 |
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12.3.2014

EN

Official Journal of the European Union

C 73/33

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Prior notification of a concentration

(Case COMP/M.7205 — Extra Holding/Dolphin/IDBD)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 73/07

| 1. | On 5 March 2014, 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 E.T.H. M.B.M. Extra Holding Ltd. (‘Extra Israel’, Israel), controlled together with other subsidiaries by Mr. Mordechay Ben-Moshe (all together referred to as ‘Ben-Moshe Group’) and Dolphin Fund Ltd. (‘Dolphin’, Bermuda), ultimately controlled together with other subsidiaries by the Mr. Eduardo Elsztain (all together referred to as ‘Elsztain Group’), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking IDB Development Corporation Ltd. (‘IDBD’, Israel) by way purchase of shares. |
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1.

On 5 March 2014, 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 E.T.H. M.B.M. Extra Holding Ltd. (‘Extra Israel’, Israel), controlled together with other subsidiaries by Mr. Mordechay Ben-Moshe (all together referred to as ‘Ben-Moshe Group’) and Dolphin Fund Ltd. (‘Dolphin’, Bermuda), ultimately controlled together with other subsidiaries by the Mr. Eduardo Elsztain (all together referred to as ‘Elsztain Group’), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking IDB Development Corporation Ltd. (‘IDBD’, Israel) by way purchase of shares.

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






  — | Ben-Moshe Group is active in the area of energy, telecommunications, insurance and travel, |
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2.

The business activities of the undertakings concerned are:

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Ben-Moshe Group is active in the area of energy, telecommunications, insurance and travel,

| — | Dolphin is active in real estate, agribusiness, banking and mining, |
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Dolphin is active in real estate, agribusiness, banking and mining,

| — | IDBD is active in telecommunications, travel, crop protection products, fruits and vegetables, real estate, technology, retail sale, gas and oil exploration and finance and insurance. |
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IDBD is active in telecommunications, travel, crop protection products, fruits and vegetables, real estate, technology, retail sale, gas and oil exploration and finance and insurance.

| 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.7205 — Extra Holding/Dolphin/IDBD, 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.7205 — Extra Holding/Dolphin/IDBD, 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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