# C_2011041EN.01007401.xml

| 10.2.2011 | EN | Official Journal of the European Union | C 41/74 |
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10.2.2011

EN

Official Journal of the European Union

C 41/74

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Prior notification of a concentration

(Case COMP/M.6060 — Citigroup/Public Sector Pension Investment Board/DP World/DP World Australia JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 41/08

| 1. | On 28 January 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Citigroup Alternative Investments LLC (United States) belonging to the Citigroup Inc (‘Citigroup’ United States), the Public Sector Pension Investment Board (‘PSP’, Canada) and DP World Limited (‘DP World’, United Arab Emirates) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of DP World Australia Limited (‘DPWA’, Australia) by way of purchase of shares. |
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1.

On 28 January 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Citigroup Alternative Investments LLC (United States) belonging to the Citigroup Inc (‘Citigroup’ United States), the Public Sector Pension Investment Board (‘PSP’, Canada) and DP World Limited (‘DP World’, United Arab Emirates) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of DP World Australia Limited (‘DPWA’, Australia) by way of purchase of shares.

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






  — | Citigroup: global financial services group, |
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2.

The business activities of the undertakings concerned are:

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Citigroup: global financial services group,

| — | PSP: Canadian crown corporation established to invest the net contributions from public sector pension plans, |
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PSP: Canadian crown corporation established to invest the net contributions from public sector pension plans,

| — | DP World: international maritime operator providing cargo handling and logistics services, |
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DP World: international maritime operator providing cargo handling and logistics services,

| — | DPWA: active in the development and operation of ports, management of container terminals and container parks and stevedoring in Australia. |
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DPWA: active in the development and operation of ports, management of container terminals and container parks and stevedoring in Australia.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC 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 EC 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 EC 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 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 COMP/M.6060 — Citigroup/Public Sector Pension Investment Board/DP World/DP World Australia JV, 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6060 — Citigroup/Public Sector Pension Investment Board/DP World/DP World Australia JV, 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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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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