# C_2010325EN.01002401.xml

| 2.12.2010 | EN | Official Journal of the European Union | C 325/24 |
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2.12.2010

EN

Official Journal of the European Union

C 325/24

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Prior notification of a concentration

(Case COMP/M.6054 — First Reserve Corporation/Blackstone/PBF Energy)

Candidate case for simplified procedure

(Text with EEA relevance)

2010/C 325/08

| 1. | On 24 November 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which The Blackstone Group LP (‘Blackstone’, USA) and First Reserve Corporation (‘FRC’, USA) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of PBF Energy Company LLC (‘PBF’, USA), by way of an agreement. |
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1.

On 24 November 2010, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which The Blackstone Group LP (‘Blackstone’, USA) and First Reserve Corporation (‘FRC’, USA) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of PBF Energy Company LLC (‘PBF’, USA), by way of an agreement.

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






  — | FRC: investment in global energy companies including oilfield services, energy infrastructure and power and energy reserves, |
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2.

The business activities of the undertakings concerned are:

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FRC: investment in global energy companies including oilfield services, energy infrastructure and power and energy reserves,

| — | Blackstone: global alternative asset management and provision of financial advisory services, |
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Blackstone: global alternative asset management and provision of financial advisory services,

| — | for PBF: oil refining in the USA. |
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for PBF: oil refining in the USA.

| 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.6054 — First Reserve Corporation/Blackstone/PBF Energy, 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.6054 — First Reserve Corporation/Blackstone/PBF Energy, 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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