# C_2017188EN.01002201.xml

| 14.6.2017 | EN | Official Journal of the European Union | C 188/22 |
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14.6.2017

EN

Official Journal of the European Union

C 188/22

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Prior notification of a concentration

(Case M.8519 — Santander/SAM)

Candidate case for simplified procedure

(Text with EEA relevance)

(2017/C 188/14)

| 1. | On June 6 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Banco Santander, S.A. (‘Santander’, Spain) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of SAM Investment Holdings Limited (‘SAM’, UK), by way of purchase of shares.. |
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1.

On June 6 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Banco Santander, S.A. (‘Santander’, Spain) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of SAM Investment Holdings Limited (‘SAM’, UK), by way of purchase of shares..

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| 2. | The business activities of the undertakings concerned are:
  —   Santander: Retail banking, treasury, and insurance services in Spain, the United Kingdom, other European countries, and the Americas.
  —   SAM: a joint venture between Warburg Pincus, General Atlantic, and Santander active in the asset management in Spain, the United Kingdom, Germany, Luxembourg and the Americas. |
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2.

The business activities of the undertakings concerned are:

—   Santander: Retail banking, treasury, and insurance services in Spain, the United Kingdom, other European countries, and the Americas.

Santander

—   SAM: a joint venture between Warburg Pincus, General Atlantic, and Santander active in the asset management in Spain, the United Kingdom, Germany, Luxembourg and the Americas.

SAM

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8519 — Santander/SAM, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8519 — Santander/SAM, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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