5.9.2023
EN
Official Journal of the European Union
C 315/5
V (Announcements)
PROCEDURES RELATING TO THE IMPLEMENTATION OF COMPETITION POLICY
EUROPEAN COMMISSION 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.
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).