EN

Case No COMP/M.7254 - LETTERONE / RWE DEA

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 03/07/2014

In electronic form on the EUR-Lex website under document number 32014M7254

Office for Publications of the European Union L-2985 Luxembourg

EUROPEAN COMMISSION

Brussels, 3.7.2014 C(2014) 4465 final

PUBLIC VERSION

SIMPLIFIED MERGER PROCEDURE

To the notifying party:

Dear Madam(s) and/or Sir(s),

1.On 11.06.2014, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which LetterOne Holding S.A. of Luxemburg (“LetterOne”), will acquire indirect sole control of RWE Dea AG of Germany (“RWE Dea”) by way of purchase of shares.

The business activities of the undertakings concerned are:

-- LetterOne is a private investment holding company focussing on investments in the energy and telecoms sectors;

-- RWE Dea is an international oil and gas company active in 17 countries, which owns stakes in approximately 140 active oil and gas licenses and operates natural gas underground storage facilities in Germany.

3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(b)

1OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.

2Publication in the Official Journal of the European Union No C 186, 18.06.2014, p. 12

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.

3of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.

For the Commission

Signed, Alexander ITALIANER Director General

3OJ C 366, 14.12.2013, p. 5.

2