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DAIMLER AG / IPIC / BRAWN GP
M.5659
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REGULATION (EC) No 139/2004 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 23/12/2009
In electronic form on the EUR-Lex website under document number 32009M5659
Office for Publications of the European Union L-2985 Luxembourg
EUROPEAN COMMISSION
Brussels, 23/12/2009
SG Greffe (2009) D 12562, 12563 C(2009) 10755
PUBLIC VERSION
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
SIMPLIFIED PROCEDURE
To the notifying parties
Dear Madam(s) and/or Sir(s),
1.On 26.11.2009, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking Daimler AG ("Daimler", Germany) and Aabar Investments PJSC ("Aabar", United Arab Emirates), a solely controlled subsidiary of International Petroleum Investment Company ("IPIC", United Arab Emirates) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control over Brawn GP ("Brawn", United Kingdom) by way of purchase of shares.
The business activities of the undertakings concerned are:
-- for Daimler: producer of automobiles and commercial vehicles and financial services,
1OJ L 24, 29.1.2004, p. 1.
Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
-- for IPIC: investment company concentrating on petroleum refining and related upstream and downstream distribution and service networks,
-- for Brawn: Formula One motor racing team.
2.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(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.
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 (EC) No 139/2004.
For the Commission
(signed) Philip LOWE Director General
2OJ C 56, 05.3.2005, p. 32.
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