# C_2005083EN.01000601.xml

| 5.4.2005 | EN | Official Journal of the European Union | C 83/6 |
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5.4.2005

EN

Official Journal of the European Union

C 83/6

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Prior notification of a concentration

(Case COMP/M.3774 — Pirelli/DB Real Estate/Investitori Associati/La Rinascente-Upim)

Candidate case for simplified procedure

(2005/C 83/03)

(Text with EEA relevance)

| 1. | On 23 March 2005, 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 Pirelli C. Real Estate S.p.A. (‘PRE’, Italy), DB Real Estate Global Opportunities IB, L.P. (‘DBRE’, Cayman Islands) and Investitori Associati SGR S.p.A. (‘IA SGR’, Italy) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking La Rinascente S.p.A. (‘La Rinascente’, Italy) by way of purchase of shares. |
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1.

On 23 March 2005, 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 Pirelli C. Real Estate S.p.A. (‘PRE’, Italy), DB Real Estate Global Opportunities IB, L.P. (‘DBRE’, Cayman Islands) and Investitori Associati SGR S.p.A. (‘IA SGR’, Italy) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking La Rinascente S.p.A. (‘La Rinascente’, Italy) by way of purchase of shares.

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






  — | for PRE: real estate services and investments, |
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2.

The business activities of the undertakings concerned are:

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for PRE: real estate services and investments,

| — | for DBRE: close-ended real estate investment fund, |
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for DBRE: close-ended real estate investment fund,

| — | for IA SGR: fund management services, |
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for IA SGR: fund management services,

| — | for La Rinascente: retail distribution of clothing and accessories as well as household products and assorted goods. |
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for La Rinascente: retail distribution of clothing and accessories as well as household products and assorted goods.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 Regulation (EC) No 139/2004. 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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.3774 — Pirelli/DB Real Estate/Investitori Associati/La Rinascente-Upim, to the following address:





  European Commission |
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| Directorate-General for Competition, |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.3774 — Pirelli/DB Real Estate/Investitori Associati/La Rinascente-Upim, to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004, p. 1.

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(2)  Available on DG COMP website:

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http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf.

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