# C_2010203EN.01000801.xml

| 27.7.2010 | EN | Official Journal of the European Union | C 203/8 |
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27.7.2010

EN

Official Journal of the European Union

C 203/8

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Prior notification of a concentration

(Case COMP/M.5944 — Osaka/UFG/Infrastructure Arzak/Saggas)

(Text with EEA relevance)

2010/C 203/04

| 1. | On 16 July 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Osaka Gas UK Ltd. belonging to Osaka Gas Co. Ltd. (‘Osaka’, Japan) takes over a 40 % stake Iniciativas de Gas, S.L. (‘IG’, Spain) and indirectly joint control of Planta de Regasificación de Sagunto, SA (‘Saggas’) within the meaning of Article 3(1)(b) of the Merger Regulation by way of purchase of shares. The other controlling entities of Saggas are: Infrastructure Arzak BV controlled by Rreef Pan-European Infrastructure Fund LP (‘Arzak/Rreef’, United Kingdom), ultimately managed by Deutsche Bank (Germany) and Union Fenosa Gas, SA (‘UFG’, Spain), jointly controlled by Gas Natural SDG, SA (Spain) and ENI SpA (Italy). |
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1.

On 16 July 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Osaka Gas UK Ltd. belonging to Osaka Gas Co. Ltd. (‘Osaka’, Japan) takes over a 40 % stake Iniciativas de Gas, S.L. (‘IG’, Spain) and indirectly joint control of Planta de Regasificación de Sagunto, SA (‘Saggas’) within the meaning of Article 3(1)(b) of the Merger Regulation by way of purchase of shares. The other controlling entities of Saggas are: Infrastructure Arzak BV controlled by Rreef Pan-European Infrastructure Fund LP (‘Arzak/Rreef’, United Kingdom), ultimately managed by Deutsche Bank (Germany) and Union Fenosa Gas, SA (‘UFG’, Spain), jointly controlled by Gas Natural SDG, SA (Spain) and ENI SpA (Italy).

1

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






  — | for Osaka: vertically integrated energy company active inter alia in trading and transportation of liquid natural gas (‘LNG’), |
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2.

The business activities of the undertakings concerned are:

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for Osaka: vertically integrated energy company active inter alia in trading and transportation of liquid natural gas (‘LNG’),

inter alia

| — | for Arzak/Rreef: investment fund, |
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for Arzak/Rreef: investment fund,

| — | for IG: a vehicle company holding 50 % stake in Saggas, |
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for IG: a vehicle company holding 50 % stake in Saggas,

| — | for UFG: supply of gas to undertakings and individuals in Spain, |
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for UFG: supply of gas to undertakings and individuals in Spain,

| — | for Saggas: regasification of LNG in the port of Sagunto, Spain. |
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for Saggas: regasification of LNG in the port of Sagunto, Spain.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. However, the final decision on this point is reserved.

| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5944 — Osaka/UFG/Infrastructure Arzak/Saggas, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.5944 — Osaka/UFG/Infrastructure Arzak/Saggas, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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