Prior notification of a concentration (Case M.11250 – RELIANCE / BROOKFIELD / DIGITAL REALTY / JV) (Text with EEA relevance) 2023/C 315/05
Date: 2023-09-05
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, energy industry, information service, investment company, mass media, merger control, natural gas, petrochemicals, real estate business, retail trade








C_2023315EN.01000501.xml










5.9.2023   


EN


Official Journal of the European Union


C 315/5






Prior notification of a concentration
(Case M.11250 – RELIANCE / BROOKFIELD / DIGITAL REALTY / JV) (Text with EEA relevance)
(2023/C 315/05)

1.   
On 28 August 2023, 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:






—


Reliance Industries Limited (‘Reliance, India’),










—


Project Holdings Three (DIFC) Limited, ultimately controlled by Brookfield Corporation (‘Brookfield’, Canada),










—


Digital India, LLC, ultimately controlled by Digital Realty Trust, Inc. (‘Digital Realty’, US),










—


Mercury Holdings SG Pte. Ltd. (Singapore) and its subsidiaries BAM DLR Data Centre Services Private Limited, BAM DLR Mumbai Private Limited, BAM DLR Chennai Private Limited, BAM DLR Network Services Private Limited, and BAM DLR Kolkata Private Limited (‘JV’, India).




Reliance, Brookfield and Digital Realty will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the JV.
The concentration is accomplished by way of purchase of shares.


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






—


Reliance is an Indian private sector company with business activities spanning a range of sectors including energy, petrochemicals, natural gas, retail, media and entertainment, digital services and textiles.










—


Brookfield provides asset management services, focused on real estate, infrastructure, renewable power and private equity.










—


Digital Realty is a real estate investment trust that owns, acquires, develops and operates data centres.






3.   

The business activities of the JV will be the acquisition, development and operation of data centre facilities in India.



4.   
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.


5.   
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.11250 – RELIANCE / BROOKFIELD / DIGITAL REALTY / JV
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
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.