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Office for Official Publications of the European Communities L-2985 Luxembourg
To the notifying parties
Dear Sirs,
1.On 1 September 2000, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Broken Hill Proprietary Company Ltd (BHP) [Australia] and Mitsubishi Corporation (Mitsubishi) [Japan] acquire joint control of QCT Resources Ltd (QCT) [Australia] by way of a public bid announced on 28 August 2000.
2.After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of section 4 (a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89.
3.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. 4064/89.
For the Commission, Mario MONTI Member of the Commission
1OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.
2OJ C 217, 29.07.2000, p. 32.
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