C 345/8
EN
Official Journal of the European Union
8.9.2022
Prior notification of a concentration (Case M.10820 - BERKSHIRE / ALLEGHANY) Candidate case for simplified procedure (Text with EEA relevance)
(2022/C 345/06) 1.
On 1 September 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: — Berkshire Hathaway Inc. (‘Berkshire Hathaway’, USA) — Alleghany Corporation (‘Alleghany’, USA) Berkshire Hathaway will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Alleghany.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are the following:
— Berkshire Hathaway is a company engaged in insurance and reinsurance activities, freight rail transportation and utility and energy generation and distribution.
Berkshire Hathaway also owns and operates numerous other businesses engaged in a variety of manufacturing, services, and retailing activities. — Alleghany is an asset management company, also active in property and casualty reinsurance and insurance. 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.10820 - BERKSHIRE / ALLEGHANY 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.