CELEX: 32003M3114
Language: en
Date: 2003-05-21 00:00:00
Title: Commission Decision of 21/05/2003 declaring a concentration to be compatible with the common market (Case No COMP/M.3114 - UNIӎ FENOSA / ENI / UNION FENOSA GAS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

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32003M3114

Commission Decision of 21/05/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3114 - UNIӎ FENOSA / ENI / UNION FENOSA GAS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 136 , 11/06/2003 P. 0010 - 0010

Commission Decision of 21/05/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3114 - UNION FENOSA / ENI / UNION FENOSA GAS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying partiesDear Sirs,Subject: Case No. COMP/M.3114 - UNION FENOSA/ENI/UNION FENOSA GAS  Notification of 11 April 2003 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1][1]   OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.  Publication in the Official Journal of the European Communities No. C 100 of 26.4.2003, page 22. 1. On 11 April 2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the Italian undertaking ENI S.p.A.. (ENI) acquires within the meaning of Article 3(1)(b) of the Regulation joint control of the Spanish undertaking Unión Fenosa Gas S.A. (UF Gas), controlled by the Spanish undertaking Unión Fenosa S.A.(UF) by way of purchase of shares. Following the concentration UF Gas will be jointly controlled by ENI and by UF.  The business activities of the undertakings concerned are :- for ENI: exploration and production of oil and natural gas world-wide, generation of electricity in Italy;- for UF: generation and sale of electricity; activities related to the gas sector, telecommunications, engineering & information technology and management consulting;- for UF Gas: gas related activities.2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].  [2]   OJ C 217, 29.07.2000, p. 32.3. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement.  This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.   For the Commission,   Signed   Mario Monti   Member of the Commission