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, 11.10.2018  
C(2018 ) 6832 final  
 
 
To the notifying parties:  
Subject : Case M .9100  – CK ASSET HOLDINGS / CK INFRASTRUCTURE 
HOLDINGS / APA  
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 19 September 2018 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which  the undertakings 
CK Asset Holdings Limited ("CKA" of Hong Kong ) and CK Infrastructure Holdings 
Limited ("CKI", of Hong Kong), controlled by CK Hutchinson Holdings Limited,  acquire , 
within the meaning of Article 3(1)(b) of the Mer ger Regulation , joint control over the 
whole of  APA (of Australia) comprising of Australian Pipeline Trust ("APT", of Australia) 
and APT Investment Trust ("APTIT" of Australia)  by way of  purchase of securities .3 
2. The business activities of the undertakings concerned are:  
– CKA is a multinational corporation  with diverse activities including, inter alia , 
property development and investment, property and project management, 
infrastructure and utility asset operation;  
– CKI is a global infrastructure company that has diversified investments in energy 
infrastructure, transportation infrastructure, water infrastructure, waste 
management, waste -to-energy, household infrastructure and infrastructure related 
businesses;  
                                                 
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 344, 26.9.2018 , p. 8. 
PUBLIC VERSION  
2 – APA is an owner and operator of natural gas transportation and energy 
infrastructure assets across Australia. Its activities include gas transmission, gas 
storage and processing, gas -fired and renewable energy power generation, and 
energy investments.  
 
3. After e xamination of the notification, the European Commission has concluded that the 
notified operation falls within the scope of the Merger  Regulation  and of paragraph 5 (a) of 
the Commission Notice on a simplified procedure for treatment of certain concentratio ns 
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  
Johannes LAITENBERGER  
Director -General  
 
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .