# C_2016199EN.01001501.xml

| 4.6.2016 | EN | Official Journal of the European Union | C 199/15 |
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4.6.2016

EN

Official Journal of the European Union

C 199/15

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Prior notification of a concentration

(Case M.8049 — TPG Capital/Partners Group/TH Real Estate Portfolio)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 199/11)

| 1. | On 30 May 2016, 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 TPG Capital (‘TPG’, United States) and Partners Group (‘Partners Group’, Switzerland) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of five shopping centres and retail parks located in Spain and Italy (‘Target Assets’) by way of purchase of shares in a newly created company constituting a joint venture. |
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1.

On 30 May 2016, 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 TPG Capital (‘TPG’, United States) and Partners Group (‘Partners Group’, Switzerland) acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of five shopping centres and retail parks located in Spain and Italy (‘Target 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 TPG: is a private investment firm that manages a family of funds that invest in a variety of companies through acquisitions and corporate restructurings. TPG is based in San Francisco, United States.
  —   For Partners Group: is a private markets management firm. It makes investments in equity and debt of private companies, real estate, and infrastructure projects worldwide. It provides investment services to both institutional and private investors. Partners Group’s headquarters are located in Baar, Switzerland.
  —   For the Target Assets they comprise: (1) Centro Navile Retail Park, in Bologna, Italy; (2) Metropolis Shopping Centre, in Rende, Italy; (3) L’Aljub Shopping Centre, in Elche, Spain; (4) Miramar Retail Park, in Fuengirola, Spain; and (5) Miramar Shopping Centre, in Fuengirola, Spain. |
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2.

The business activities of the undertakings concerned are:

—   For TPG: is a private investment firm that manages a family of funds that invest in a variety of companies through acquisitions and corporate restructurings. TPG is based in San Francisco, United States.

For TPG

—   For Partners Group: is a private markets management firm. It makes investments in equity and debt of private companies, real estate, and infrastructure projects worldwide. It provides investment services to both institutional and private investors. Partners Group’s headquarters are located in Baar, Switzerland.

For Partners Group

—   For the Target Assets they comprise: (1) Centro Navile Retail Park, in Bologna, Italy; (2) Metropolis Shopping Centre, in Rende, Italy; (3) L’Aljub Shopping Centre, in Elche, Spain; (4) Miramar Retail Park, in Fuengirola, Spain; and (5) Miramar Shopping Centre, in Fuengirola, Spain.

For the Target Assets they comprise

| 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 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 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 M.8049 — TPG Capital/Partners Group/TH Real Estate Portfolio, 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 M.8049 — TPG Capital/Partners Group/TH Real Estate Portfolio, 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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