# C_2014035EN.01000501.xml

| 6.2.2014 | EN | Official Journal of the European Union | C 35/5 |
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6.2.2014

EN

Official Journal of the European Union

C 35/5

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Prior notification of a concentration

(Case COMP/M.7124 — CPPIB/INTU/Parque Principado)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 35/05

| 1. | On 24 January 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Intu Properties Plc (‘Intu’, UK) will acquire, within the meaning of Article 3(1) (b) of the Merger Regulation, joint control of Parque Principado Sarl (‘Parque Principado’, Luxemburg) by way of purchase of securities. |
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1.

On 24 January 2014, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Canada Pension Plan Investment Board (‘CPPIB’, Canada) and Intu Properties Plc (‘Intu’, UK) will acquire, within the meaning of Article 3(1) (b) of the Merger Regulation, joint control of Parque Principado Sarl (‘Parque Principado’, Luxemburg) by way of purchase of securities.

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






  — | for CPPIB: professional investment management organisation that invests the assets of the Canada Pension Plan in public equities, private equities, real estate, infrastructure and fixed income investments, |
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2.

The business activities of the undertakings concerned are:

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for CPPIB: professional investment management organisation that invests the assets of the Canada Pension Plan in public equities, private equities, real estate, infrastructure and fixed income investments,

| — | for Intu: real estate investment trust largely focused on shopping centre ownership, management and development across the UK, |
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for Intu: real estate investment trust largely focused on shopping centre ownership, management and development across the UK,

| — | for Parque Principado: commercial real estate in Spain through the ownership of the ‘Parque Principado Shopping Centre’ and a second property also located within the Parque Principado complex, notably the Eroski Unit in Oviedo, Spain. |
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for Parque Principado: commercial real estate in Spain through the ownership of the ‘Parque Principado Shopping Centre’ and a second property also located within the Parque Principado complex, notably the Eroski Unit in Oviedo, Spain.

| 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.7124 — CPPIB/INTU/Parque Principado, 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.7124 — CPPIB/INTU/Parque Principado, 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 ‘EC Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5 (‘Notice on a simplified procedure’).

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