# C_2016015EN.01001301.xml

| 16.1.2016 | EN | Official Journal of the European Union | C 15/13 |
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16.1.2016

EN

Official Journal of the European Union

C 15/13

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Prior notification of a concentration

(Case M.7905 — Hammerson/Allianz Group/Dundrum Town Centre)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 15/05)

| 1. | On 8 January 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Hammerson plc (‘Hammerson’, United Kingdom) and Allianz SE (‘Allianz’, Germany) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Dundrum Town Centre and related real estate assets (the ‘Dundrum Assets’) by way of purchase of shares in a newly created company constituting a joint venture. |
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1.

On 8 January 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Hammerson plc (‘Hammerson’, United Kingdom) and Allianz SE (‘Allianz’, Germany) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Dundrum Town Centre and related real estate assets (the ‘Dundrum Assets’) by way of purchase of shares in a newly created company constituting a joint venture.

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| 2. | The business activities of the undertakings concerned are:
  —   for Hammerson: developing real estate, owning and managing shopping centres and retail parks primarily in the United Kingdom and France,
  —   for Allianz: offering a comprehensive range of insurance and asset management products and services to both private and corporate customers in more than 70 countries, with the largest of its operations in Europe,
  —   The Dundrum Assets: comprise the Dundrum Town Centre and the Dundrum Phase II & Village projects, both located in Dublin, Ireland. |
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2.

The business activities of the undertakings concerned are:

—   for Hammerson: developing real estate, owning and managing shopping centres and retail parks primarily in the United Kingdom and France,

for Hammerson

—   for Allianz: offering a comprehensive range of insurance and asset management products and services to both private and corporate customers in more than 70 countries, with the largest of its operations in Europe,

for Allianz

—   The Dundrum Assets: comprise the Dundrum Town Centre and the Dundrum Phase II & Village projects, both located in Dublin, Ireland.

The Dundrum Assets

| 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 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 this 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 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 this 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 M.7905 — Hammerson/Allianz Group/Dundrum Town Centre, 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 M.7905 — Hammerson/Allianz Group/Dundrum Town Centre, 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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