Prior notification of a concentration (Case M.10183 — AustralianSuper/CPPIB/Transurban/Transurban Chesapeake) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 71/10
Date: 2021-03-01
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, merger control, pension fund, toll








C_2021071EN.01006401.xml










1.3.2021   


EN


Official Journal of the European Union


C 71/64






Prior notification of a concentration
(Case M.10183 — AustralianSuper/CPPIB/Transurban/Transurban Chesapeake)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 71/10)

1.   
On 22 February 2021, 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:






—


AustralianSuper Pty Ltd as trustee of AustralianSuper (‘AustralianSuper’, Australia),










—


Canada Pension Plan Investment Board (‘CPPIB’, Canada),










—


Transurban International Ltd (‘Transurban’, Australia),










—


Transurban Chesapeake LLC (‘Transurban Chesapeake’, USA), controlled by Transurban.




AustralianSuper, CPPIB and Transurban acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Transurban Chesapeake.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for AustralianSuper: Australia’s largest industry superannuation and pension fund. Headquartered in Melbourne, it has primarily invested in Australia but has in recent years expanded its global investment activities,










—


for CPPIB: an investment management organization that invests the funds transferred to it by the Canada Pension Plan. CPPIB principally invests in public equities, private equities, real estate, infrastructure and fixed income investments at global level,










—


for Transurban: a toll road operator company that manages and develops urban toll road networks in Australia, Canada and the United States. It is listed on the Australian Securities Exchange,










—


for Transurban Chesapeake: company engaged in the development, maintenance, operation and marketing of toll roads in the greater Washington, D.C., area of the USA.






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.10183 — AustralianSuper/CPPIB/Transurban/Transurban Chesapeake
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.