CELEX: 32007M4431
Language: en
Date: 2007-02-01 00:00:00
Title: Commission Decision of 01/02/2007 declaring a concentration to be compatible with the common market (Case No COMP/M.4431 - BG GROUP / SERENE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32007M4431

Commission Decision of 01/02/2007 declaring a concentration to be compatible with the common market (Case No IV/M.4431 - BG GROUP / SERENE) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 01-02-2007SG-Greffe(2006) 200451To the notifying partiesDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4431 BG Group / SereneNotification of 20/12/2006 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 004, 09-01-2007, page 4.1. On 20 December 2006 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking BG Italia SpA ("BG Italia", Italy), a wholly-controlled subsidiary of BG Group plc ("BG Group", United Kingdom), acquires within the meaning of Article 3(1)(b) of the Council Regulation sole control of the whole of the undertaking it currently jointly controls together with Edison SpA ("Edison", Italy), namely Serene SpA ("Serene", Italy) by way of purchase of shares.2. The business activities of the undertakings concerned are:BG Group is an integrated gas major with operations in over 20 countries. Its main activities comprise gas exploration and production, liquefied natural gas (LNG), transmission and distribution of power;BG Italia is the main Italian subsidiary of BG Group active in the LNG, gas exploration and production and the power generation, through Serene.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No. 139/2004 and of paragraph 5, subparagraph (d) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004 [2].4. 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 (EC) No. 139/2004.For the CommissionsignedPhilip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------