# C_2011199EN.01001001.xml

| 7.7.2011 | EN | Official Journal of the European Union | C 199/10 |
| --- | --- | --- | --- |

7.7.2011

EN

Official Journal of the European Union

C 199/10

---

Prior notification of a concentration

(Case COMP/M.6257 — Blackstone/Valad Property)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 199/06

| 1. | On 30 June 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking The Blackstone Group L.P. (‘Blackstone’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Valad Funds Management Limited and Valad Property Trust (together ‘Valad Property’, Australia) by way of purchase of securities. |
| --- | --- |

1.

On 30 June 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking The Blackstone Group L.P. (‘Blackstone’, USA) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Valad Funds Management Limited and Valad Property Trust (together ‘Valad Property’, Australia) by way of purchase of securities.

1

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






  — | for Blackstone: alternative asset management, financial advisory services, |
| --- | --- | --- |

2.

The business activities of the undertakings concerned are:

—

for Blackstone: alternative asset management, financial advisory services,

| — | for Valad Property: real estate services. |
| --- | --- |

—

for Valad Property: real estate services.

| 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. |
| --- | --- |

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.

2

| 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.6257 — Blackstone/Valad Property, to the following address:





  European Commission |
| --- | --- |
| 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.6257 — Blackstone/Valad Property, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

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

1

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

2

---