Prior notification of a concentration (Case M.8631 — IFM/PSA/Mersin) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-09-09
Institutions: European Commission
Subjects: carriage of goods, economic concentration, harbour installation, investment company, maritime shipping, merger control, supplementary pension








C_2017299EN.01000601.xml










9.9.2017   


EN


Official Journal of the European Union


C 299/6





Prior notification of a concentration
(Case M.8631 — IFM/PSA/Mersin)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 299/07)






1.


On 31 August 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


IFM Investors Pty Ltd (Australia)










—


PSA International Pte Ltd B (Singapore), controlled by Temasek Holdings (Singapore)










—


Mersin Uluslararası Liman İşletmeciliği A.Ş. (Turkey)




IFM Investors Pty Ltd (‘IFM’) and PSA International Pte Ltd (‘PSA’) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Mersin Uluslararası Liman İşletmeciliği A.Ş. (‘MIP’).
The concentration is accomplished by way of purchase of shares.










2.


The business activities of the undertakings concerned are:
—   for IFM: global investment manager, based in Australia, managing assets across infrastructure, listed equities, private capital and debt investments. IFM is indirectly wholly owned by 28 Australian not-for-profit pension funds.
—   for PSA: global operator of shipping terminals mainly active in the provision of stevedoring services at ports with a particular focus on providing terminal services for container liner ships. PSA is headquartered in Singapore and is ultimately owned by Temasek Holdings, the sovereign wealth fund of the Republic of Singapore.
—   for MIP: operator and manager of the Mersin International Port located in Mersin (Turkey).










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 the 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. The following reference should always be specified:
M.8631 — IFM/PSA/Mersin
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





E-mail:




COMP-MERGER-REGISTRY@ec.europa.eu




Fax +32 22964301




Postal 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.