CELEX: 32015M7722
Language: en
Date: 2015-08-25 00:00:00
Title: Commission Decision of 25/08/2015 declaring a concentration to be compatible with the common market (Case No COMP/M.7722 - 3i GROUP / AMP CAPITAL INVESTORS / ESVAGT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 25/08/2015
                                        C(2015) 6050 final

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|To the notifying parties:                                              |                                                                       |

Dear Sirs,

Subject:    Case M.7722 - 3i GROUP/ AMP CAPITAL INVESTORS/ ESVAGT
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 31 July 2015, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by
    which the undertakings 3i Group plc ("3i", United Kingdom), and AMP Capital Investors Limited ("AMP", Australia) acquire within the  meaning
    of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of ESVAGT A/S and its subsidiaries ("ESVAGT", Denmark) by way of purchase
    of shares.[3]

 2. The business activities of the undertakings concerned are:

    -            3i is a UK venture capital company that primarily invests in Europe. 3I invests in the infrastructure space with a focus on the
           utilities, transportation and social infrastructure sectors;

    -      AMP is an Australian investment house operating across a broad range of asset classes worldwide;

    -            ESVAGT is headquartered in Denmark and is a provider of emergency rescue and response  vessels  and  related  services  to  the
           offshore oil and gas industry.  It  also  performs  supplementary  activities,  including  oil  spill  contingency  services,  tanker
           assistance, performance of rig moves and supply duties as well as inter-field transfer of cargo and personnel for  offshore  oil  and
           gas rigs. It operates primarily in the North Sea.

 3. After examination of the notification, the European Commission has concluded that the notified operation  falls  within  the  scope  of  the
    Merger Regulation and of paragraph 5(b) of the Commission Notice on a simplified procedure for treatment  of  certain  concentrations  under
    Council Regulation (EC) No 139/2004.[4]

 4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose  the  notified  operation
    and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b)
    of the Merger Regulation and Article 57 of the EEA Agreement.

                                        For the Commission
                                        (Signed)
                                        Alexander ITALIANER
                                        Director-General

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[1]   OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the  European  Union
    ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market"  by  "internal  market".  The
    terminology of the TFEU will be used throughout this decision.

[2]   OJ L 1, 3.1.1994, p. 3 ("the EEA Agreement").

[3]   Publication in the Official Journal of the European Union No C 258, 7.08.2015, p. 4.

[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE