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IPIC / MUBADALA
M.8235
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
The Transaction is a proposed merger between International Petroleum Investment Company P.J.S.C. (IPIC), an Abu Dhabi public joint stock company and Mubadala Development Company P.J.S.C. (Mubadala), an Abu Dhabi public joint stock company.
The primary business activities of the undertakings concerned are:
IPIC: an Abu Dhabi-based investment company with a mandate to invest in energy related assets worldwide.
Mubadala: an Abu Dhabi-based investment company engaged in direct principle investments globally mandated with acquiring strategic shareholdings and establishing new companies across a range of sectors including energy, utilities, real estate, public-private partnerships, aerospace, and basic industries and services.
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.