CELEX: 32014M7136
Language: en
Date: 2014-02-07 00:00:00
Title: Commission Decision of 07/02/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7136 - MARUBENI / INCJ / AGS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

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                                        Brussels, 7.2.2014
                                        C(2014) 818 final

                                        To the notifying parties

Dear Madam(s) and/or Sir(s),

Subject:    Case COMP/M.7136 - MARUBENI / INCJ / AGS
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

   1. On 8 January 2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation
      by which Marubeni Corporation ("Marubeni", Japan) and Innovation Network Corporation of Japan ("INCJ", Japan) acquire within the meaning of
      Article 3(1)(b) of the Merger Regulation joint control of the Administração e Gestão de Sistemas de Salubridade, S.A. (“AGS”, Portugal)  by
      way of purchase of shares[2].

   2. The business activities of the undertakings concerned are:

      -     for Marubeni : active in the trading of goods and provision of services on a worldwide  basis  across  many  sectors,  including  the
           energy and energy related sectors as well as infrastructure-related sectors;

      -     for INCJ : active in the provision of financial, technological and management support services to businesses as well  as  investments
           in green energy, electronics, IT and biotechnology and infrastructure-related sectors such as water supply on a worldwide level;

      -     for AGS : active in the management, operation and maintenance of water and wastewater facilities in Portugal and in Brazil.

   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[3].

   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.

                                        For the Commission

                                        (Signed)
                                        Alexander ITALIANER
                                        Director General

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[1]   OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation").
[2]   Publication in the Official Journal of the European Union No C 013, 17.01.2014, p.10
[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE