Prior notification of a concentration (Case M.10868 – DIGITALBRIDGE / BROOKFIELD / DTAG / JV) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 333/09
Date: 2022-09-01
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, information technology, investment, investment company, merger control, provision of services, telecommunications








C_2022333EN.01000901.xml










1.9.2022   


EN


Official Journal of the European Union


C 333/9






Prior notification of a concentration
(Case M.10868 – DIGITALBRIDGE / BROOKFIELD / DTAG / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 333/09)

1.   
On 24 August 2022, 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:






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DigitalBridge Group, Inc. (‘DigitalBridge’, US),










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Brookfield Asset Management Inc. (‘Brookfield’, Canada),










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Deutsche Telekom AG (‘DTAG’, Germany),










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DFMG Holding GmbH (‘DFMG’, Germany), currently ultimately controlled by DTAG.




DigitalBridge, Brookfield and Deutsche Telekom will acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of DFMG.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






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DigitalBridge is a dedicated, global-scale digital infrastructure investment firm listed at the New York Stock Exchange. DigitalBridge is investing across five key sectors: (i) data centres; (ii) cell towers; (iii) fiber networks; (iv) small cells; and (v) edge infrastructure,










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Brookfield is a global asset manager that offers a range of public and private investment products and services, and is co-listed on the New York and Toronto stock exchanges. Brookfield’s investment focus is on real estate, infrastructure, renewable power, and private equity,










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DTAG is an integrated telecommunications and information technology service provider with activities worldwide in more than 50 countries. DTAG offers fixed and mobile telecommunication services, Internet and IPTV products as well as IT products to consumers mainly in Europe and the US. In addition, DTAG provides telecommunications services to other carriers and internet service providers at the wholesale level as well as information and communication technology solutions for medium and large-sized customers around the world.










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DFMG owns and operates passive wireless telecommunications infrastructure (i.e., the towers, rooftop sites and so-called small cells) in Germany and Austria. More specifically, DFMG provides telecommunication infrastructure hospitality services (i.e., leasing of space on existing and future mobile network sites) for the mobile network operators and broadcasters as well as for digital radio networks of public authorities in Germany and Austria.






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 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.10868 – DIGITALBRIDGE / BROOKFIELD / DTAG / JV
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.