Prior notification of a concentration (Case M.9100 — CK Asset Holdings/CK Infrastructure Holdings/APA) — Candidate case for simplified procedure (Text with EEA relevance.)
Date: 2018-09-26
Institutions: European Commission
Subjects: economic concentration, energy grid, energy transport, gas pipeline, investment company, merger control, multinational enterprise








C_2018344EN.01000801.xml










26.9.2018   


EN


Official Journal of the European Union


C 344/8






Prior notification of a concentration
(Case M.9100 — CK Asset Holdings/CK Infrastructure Holdings/APA)
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 344/07)

1.   
On 19 September 2018, 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:






—


CK Asset Holdings Limited (‘CKA’ of Hong Kong),










—


CK Infrastructure Holdings Limited (‘CKI’, of Hong Kong), controlled by CK Hutchinson Holdings Limited,










—


APA (of Australia) comprising of Australian Pipeline Trust (‘APT’, of Australia) and APT Investment Trust (‘APTIT’ of Australia).




CKA and CKI acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control over the whole of APA.
The concentration is accomplished by way of purchase of securities.


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;










—


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.   
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.9100 — CK Asset Holdings/CK Infrastructure Holdings/APA
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:





Email: 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.