Prior notification of a concentration (Case M.10298 — Colony Capital/Platinum Spring/EdgePoint) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 219/10
Date: 2021-06-09
Institutions: Directorate-General for Competition, European Commission
Subjects: Indonesia, Malaysia, economic concentration, holding company, investment company, merger control, telecommunications








C_2021219EN.01001401.xml










9.6.2021   


EN


Official Journal of the European Union


C 219/14






Prior notification of a concentration
(Case M.10298 — Colony Capital/Platinum Spring/EdgePoint)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 219/10)

1.   
On 1 June 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:






—


Colony Capital, Inc. (‘Colony Capital’, United States),










—


Platinum Spring B 2019 RSC Limited (‘Platinum Spring’, United Arab Emirates),










—


EdgePoint HoldCo Pte Ltd (‘EdgePoint’, Singapore).




Colony Capital and Platinum Spring acquire joint control over EdgePoint, currently solely controlled by Colony Capital, within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation. The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for Colony Capital: a publicly traded global real estate and investment management firm,










—


for Platinum Spring: an investment holding company that owns and manages investments. It is a wholly-owned subsidiary of Abu Dhabi Investment Authority (‘ADIA’), an independent investment institution established by the Government of the Emirate of Abu Dhabi. ADIA manages a global investment portfolio across more than two dozen asset classes and sub-categories,










—


for EdgePoint: a company engaged in the acquisition and operation of mobile telecommunications towers in Indonesia and Malaysia, and the broader South East Asia region.






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.10298 — Colony Capital/Platinum Spring/EdgePoint
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.