# C_2020002EN.01000401.xml

| 6.1.2020 | EN | Official Journal of the European Union | C 2/4 |
| --- | --- | --- | --- |

6.1.2020

EN

Official Journal of the European Union

C 2/4

---

Prior notification of a concentration

(Case M.9687 — CPPIB/OTPP/IDEAL)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 2/03)

1.

This notification concerns the following undertakings:

| — | Canada Pension Plan Investment Board (‘CPPIB’, Canada), |
| --- | --- |

—

Canada Pension Plan Investment Board (‘CPPIB’, Canada),

| — | Ontario Teachers’ Pension Plan Board (‘OTPP’, Canada), |
| --- | --- |

—

Ontario Teachers’ Pension Plan Board (‘OTPP’, Canada),

| — | Impulsora del Desarrollo y el Empleo en America Latina S.A.B. de C.V. (‘IDEAL’, Mexico). |
| --- | --- |

—

Impulsora del Desarrollo y el Empleo en America Latina S.A.B. de C.V. (‘IDEAL’, Mexico).

CPPIB and OTPP acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of IDEAL.

The concentration is accomplished by way of public bid announced on 21 November 2019.

2.

| — | for CPPIB: investment management organisation that invests in public equities, private equities, real estate, infrastructure and fixed income instruments, |
| --- | --- |

—

for CPPIB: investment management organisation that invests in public equities, private equities, real estate, infrastructure and fixed income instruments,

| — | for OTPP: Canada’s largest single-profession pension plan, which holds a diverse global portfolio of assets, |
| --- | --- |

—

for OTPP: Canada’s largest single-profession pension plan, which holds a diverse global portfolio of assets,

| — | for IDEAL: development, promotion, operation of infrastructure projects in Mexico and Latin America with 17 infrastructure concessions in different sectors in Mexico, including toll roads, water, energy, social infrastructure and logistic terminal. |
| --- | --- |

—

for IDEAL: development, promotion, operation of infrastructure projects in Mexico and Latin America with 17 infrastructure concessions in different sectors in Mexico, including toll roads, water, energy, social infrastructure and logistic terminal.

3.

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 the Notice.

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.9687 — CPPIB/OTPP/IDEAL

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

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

Fax +32 2294301

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

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

1

(2)  OJ C 366, 14.12.2013, p. 5.

2

---