Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 16.9.2019  
C(2019 ) 6791 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M. 9464  – OMERS /Altice/Allianz /SFR FTTH  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 23 August 2019 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the 
undertakings AGF Benelux S.à.r.l. (Germany), controlled by Allianz SE (“Allianz ”, 
Germany ), OMERS Infrastructure European Holdings B.V. (“ OMERS 
Infrastructure ”, the Netherlands), controlled by OMERS Administration Corporation 
(“OMERS ”, Canada) and Altice France S.A.  (France) , controlled by Altice Europe 
N.V. (“Altice ”, the Netherlands ) acquire within the meaning of Article 3(1)(b)  and 
3(4) of the Merger Regulation indirect  joint control  of the undertaking SFR FTTH 
SAS (“ SFR FTTH ”, France), currently controlled by OMERS and Altice  by way of 
purchase of shares.3 
2. The business activities of the undertakings concerned are:  
 for Allianz : global financial services group active in  insurance and asset 
management,  
 for OMERS : administration of the Ontario Municipal Employees Retirem ent 
System Primary Pension Plan by investing in infrastructure  (via OMERS 
Infrastructure)  and private equity assets , 
 for Altice : telecommunications, media, entertainment and advertising,  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication  in the Official Journal of the European Union No C 292, 30.8.2019 , p. 3. 

2  for SFR FTTH : fibre network activity in certain areas of France, outside the high 
density areas as defined by the French electronic communications regulator, the 
“Autorité de regulation des communications éléctroniques et des postes ”. 
3. After examination of the notificat ion, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement . This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Cecilio MADERO VILLAREJO  
Acting Director -General  
 
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .