CELEX: 32021M10437
Language: en
Date: 2021-11-11 00:00:00
Title: Commission Decision of 11/11/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10437 - EDF / GEIH / SCI OPG AVENUE DE FRANCE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 11.11.2021
                                                                 C(2021) 8253 final
                                                                                 PUBLIC VERSION
                                                                 Electricité de France S.A.
                                                                 Secrétariat Général
                                                                 Direction Juridique
                                                                 Tour PB6
                                                                 20, place de la Défense
                                                                 92800 Puteaux
                                                                 France
                                                                 General Europe Income Holding SA
                                                                 4 rue Jean Monnet
                                                                 L-2180 Luxemburg
                                                                 Luxembourg
Subject:        Case M.10437 - EDF / GEIH / SCI OPG AVENUE DE FRANCE
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
                Economic Area2
Dear Sir or Madam,
1.      On 14 October 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Electricité de
        France S.A. (“EDF”, France) and General Europe Income Holding SA (“GEIH”,
        Luxembourg) acquire within the meaning of Article 3(1)(b) of the Merger Regulation
        joint control of SCI OPG Avenue de France (“SCI”, France) by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
             for EDF: integrated energy company active in the generation, transmission,
              distribution, supply, and trading of energies in France and internationally,
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 427, 22.10.201, p.2.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak---        for GEIH: investment fund with a specific focus on investing and managing
        office, retail, mixed-use and residential buildings in the EU, UK, Norway and
        Switzerland,
       for SCI: ownership and management of a real estate complex located in Paris
        (France) with a total gross lettable area of 21 995 sqm.
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(c) 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)
                                                     Olivier GUERSENT
                                                     Director-General
4  OJ C 366, 14.12.2013, p. 5.
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