CELEX: 32017M8370
Language: en
Date: 2017-03-29 00:00:00
Title: Commission Decision of 29/03/2017 declaring a concentration to be compatible with the common market (Case No COMP/M.8370 - AMUNDI IMMOBILIER / MALAKOFF MEDERIC / TAS KAPSTADTRING 2) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                     
                  
               
               Brussels, 29.3.2017
            
            
               C(2017) 2192 final
            
            
               
                  PUBLIC VERSION
               
            
            
            
               To the notifying parties:
               
            
               Subject:Case M.8370 – AMUNDI IMMOBILIER / MALAKOFF MEDERIC / TAS KAPSTADTRING 2
                  Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004
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                and Article 57 of the Agreement on the European Economic Area
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               Dear Sir or Madam,
            
            
               1.On 06 March 2017, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which the undertakings Amundi Immobilier SA (‘Amundi Immobilier’, France) and Malakoff Médéric Group (‘Malakoff Médéric’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking TAS Kapstadtring 2 GmbH (‘TAS Kapstadtring’, Germany) by purchase of shares.
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               2.The business activities of the undertakings concerned are:
            
            
               -Amundi Immobilier: is active in the area of real estate asset management and is solely controlled by Crédit Agricole SA.
            
            
               -Malakoff Médéric: is active in the supplementary social protection industry.
            
            
               -TAS Kapstadtring: is the exclusive owner of a property, including an office building, located in Hamburg, Germany.
            
            
               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(a) and 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
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               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)
               Johannes LAITENBERGER
                  Director-General
               
         
         
            
                  
                     (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 077, 11.3.2017, p. 3.
               
               
                  
                     (4)
                  
                  
                      
                           OJ C 366, 14.12.2013, p. 5.