# C_2014150EN.01000901.xml

| 17.5.2014 | EN | Official Journal of the European Union | C 150/9 |
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17.5.2014

EN

Official Journal of the European Union

C 150/9

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Prior notification of a concentration

(Case M.7240 — Klépierre/ING/Le Havre Vauban and Le Havre Lafayette)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 150/09

| 1. | On 12 May 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings INS, a subsidiary of the ING group (‘ING’, the Netherlands), and Klépierre (‘Klépierre’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertakings SNC Le Havre Vauban and SNC Le Havre Lafayette (France, hereinafter referred to together as ‘the target’) by way of purchase of shares. |
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1.

On 12 May 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings INS, a subsidiary of the ING group (‘ING’, the Netherlands), and Klépierre (‘Klépierre’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertakings SNC Le Havre Vauban and SNC Le Havre Lafayette (France, hereinafter referred to together as ‘the target’) by way of purchase of shares.

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






  — | ING is a publicly listed international financial institution of Dutch origin which provides mainly banking, investment, insurance and retirement provision services, |
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2.

The business activities of the undertakings concerned are:

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ING is a publicly listed international financial institution of Dutch origin which provides mainly banking, investment, insurance and retirement provision services,

| — | Klépierre is a listed real estate investment undertaking which specialises in owning and renting real estate assets, mainly shopping centres. It also acts a service provider on behalf of third parties, |
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Klépierre is a listed real estate investment undertaking which specialises in owning and renting real estate assets, mainly shopping centres. It also acts a service provider on behalf of third parties,

| — | the target owns and manages almost all the premises in the Espace René Coty shopping centre, located in Le Havre, rue du Maréchal Galliéni and rue Casimir Perrier. |
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the target owns and manages almost all the premises in the Espace René Coty shopping centre, located in Le Havre, rue du Maréchal Galliéni and rue Casimir Perrier.

| 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 the 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 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 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 to it their observations on the proposed operation.
  Observations must reach the European Commission not later than 10 days following the date of this publication. They can be sent to the Commission under reference number COMP/M.7240 — Klépierre/ING/Le Havre Vauban and Le Havre Lafayette by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post 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 to it their observations on the proposed operation.

Observations must reach the European Commission not later than 10 days following the date of this publication. They can be sent to the Commission under reference number COMP/M.7240 — Klépierre/ING/Le Havre Vauban and Le Havre Lafayette by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post 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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