CELEX: 32006M4369
Language: en
Date: 2006-09-12 00:00:00
Title: Commission Decision of 12/09/2006 declaring a concentration to be compatible with the common market (Case No COMP/M.4369 - MACQUARIE / CORONA) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

Important legal notice

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32006M4369

Commission Decision of 12/09/2006 declaring a concentration to be compatible with the common market (Case No IV/M.4369 - MACQUARIE / CORONA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  


		Brussels, 12.09.2006SG-Greffe(2006) D/205088To the notifying partyDear Madam(s) and/or Sir(s),Subject: Case No. COMP/M.4369 – Macquarie/CoronaNotification of 14.08.2006pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1]Publication in the Official Journal of the European Union No. C 155, 04/07/2006, p.81. On 14/08/2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Macquarie Internationale Investments Ltd (UK), controlled by Macquarie Bank Ltd (“Macquarie”, Australia) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of Corona Energy Holdings Ltd (UK), by way of purchase of shares.2. The business activities of the undertakings concerned are:- for Macquarie: provider of financial and investment banking services, with interests, inter alia, in a regional gas distribution network and a gas metering business in Great Britain;- for Corona: supply of natural gas to small and large non-domestic customers in Great Britain.3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 139/2004 and of paragraph 5, subparagraph c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) 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 (EEC) No. 139/2004For the Commission, signed,Philip LOWEDirector General[1] OJ L 24, 29.1.2004 p. 1[2] OJ C 56, 05.3.2005 p.32--------------------------------------------------