# C_2023332EN.01001201.xml

| 21.9.2023 | EN | Official Journal of the European Union | C 332/12 |
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21.9.2023

EN

Official Journal of the European Union

C 332/12

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Prior notification of a concentration

(Case M.10988 – BROOKFIELD / CAMECO / WESTINGHOUSE)

(Text with EEA relevance)

(2023/C 332/08)

1.

This notification concerns the following undertakings:

| — | Brookfield Corporation (‘Brookfield’, Canada), |
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Brookfield Corporation (‘Brookfield’, Canada),

| — | Cameco Corporation (‘Cameco’, Canada), |
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Cameco Corporation (‘Cameco’, Canada),

| — | Brookfield WEC Holdings, Inc and Brookfield EMEA Holdings Ltd (‘Westinghouse’, US). |
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Brookfield WEC Holdings, Inc and Brookfield EMEA Holdings Ltd (‘Westinghouse’, US).

Brookfield and Cameco will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Westinghouse.

The concentration is accomplished by way of purchase of shares.

2.

| — | Brookfield is a global asset manager which offers a range of public and private investment products and services, |
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Brookfield is a global asset manager which offers a range of public and private investment products and services,

| — | Cameco is a global provider of uranium products and services and is primarily active in uranium mining and milling, refining and conversion of uranium concentrates, and the fabrication and supply of fuel assemblies and reactor components for use in CANDU heavy water nuclear reactors, |
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Cameco is a global provider of uranium products and services and is primarily active in uranium mining and milling, refining and conversion of uranium concentrates, and the fabrication and supply of fuel assemblies and reactor components for use in CANDU heavy water nuclear reactors,

| — | Westinghouse provides services to nuclear power plants, including the design of nuclear power plants, and the provision of safety and operational instrumentation and control systems to nuclear power plants, and supplies fuel assemblies to utilities that operate certain designs of light water nuclear reactors. |
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Westinghouse provides services to nuclear power plants, including the design of nuclear power plants, and the provision of safety and operational instrumentation and control systems to nuclear power plants, and supplies fuel assemblies to utilities that operate certain designs of light water nuclear reactors.

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.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10988 – BROOKFIELD / CAMECO / WESTINGHOUSE

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: mailto:COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

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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