Prior notification of a concentration (Case M.8502 — SoftBank/Bharti/Hon Hai/SB Energy) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-05-30
Institutions: European Commission
Subjects: economic concentration, electronics industry, holding company, investment company, merger control, renewable energy, telecommunications industry








C_2017169EN.01005201.xml










30.5.2017   


EN


Official Journal of the European Union


C 169/52





Prior notification of a concentration
(Case M.8502 — SoftBank/Bharti/Hon Hai/SB Energy)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 169/20)






1.


On 17 May 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which SoftBank Group Corp. (SoftBank, Japan), Bharti Overseas Private Limited (Bharti, India) and Hon Hai Precision Industry Co. (Hon Hai, Taiwan) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over SB Energy Holdings Limited (SB Energy), currently solely controlled by SoftBank.










2.


The business activities of the undertakings concerned are:






—


SoftBank is an internet company which provides a comprehensive range of telecommunication services and products, primarily in Japan and the USA.,










—


Bharti is a holding and investment company. The principal activities of the company include investing and rendering services in telecommunications, hospitality, real estate development and other sectors like infrastructure ventures and web portals, as well as investing in equities, securities and instruments,










—


Hon Hai is a provider of third-party electronic manufacturing services to original equipment manufacturers of electronic products such as computers, mobile phones, video game consoles and televisions,










—


SB Energy engages in the bidding process for, and the development, construction and operation of, renewable energy (in particular, solar energy) projects in India.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.










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 M.8502 — SoftBank/Bharti/Hon Hai/SB Energy, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










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

(2)  OJ C 366, 14.12.2013, p. 5.