What Commission Decision of 04/07/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.8866 - MEC / MITSUI / SDPSK / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic) requires
The European Commission received notification of a proposed concentration involving Mitsubishi Estate Co. Ltd. (MEC), Mitsui & Co., Ltd. (Mitsui), and Sime Darby Property (Sungai Kapar) Sdn Bhd (SDPSK) acquiring joint control of Sime Darby MIT Development Sdn Bhd (the JV) through the purchase of shares. The JV will develop property as a built-to-suit logistics/industrial park in Selangor, Malaysia. After examination, the Commission concluded that the operation falls within the scope of the Merger Regulation and decided not to oppose the notified operation, declaring it compatible with the internal market and the EEA Agreement.
Pillar: Legal & IP Sovereignty · Authority: European Commission · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32018M8866
SHA-256 integrity: 79ecd29324ad291dbdf9288dd775cb995e20a9901d2b1a843ab8016d2b0e6ed0
Primary Citations — 6 traced to source
- Article 6(1)(b): Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004.
- Article 57: Commission decision pursuant to Article 57 of the Agreement on the European Economic Area.
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