# C_2016422EN.01000901.xml

| 17.11.2016 | EN | Official Journal of the European Union | C 422/9 |
| --- | --- | --- | --- |

17.11.2016

EN

Official Journal of the European Union

C 422/9

---

Prior notification of a concentration

(Case M.8230 — Nordea Bank/DNB/Relacom Management)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 422/08)

| 1. | On 8 November 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Nordea Bank AB (publ) (‘Nordea’, Sweden) and DNB Bank ASA, filial Sverige (‘DNB’, Sweden) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Relacom Management AB (‘Relacom’, Sweden) by way of purchase of shares. |
| --- | --- |

1.

On 8 November 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Nordea Bank AB (publ) (‘Nordea’, Sweden) and DNB Bank ASA, filial Sverige (‘DNB’, Sweden) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Relacom Management AB (‘Relacom’, Sweden) by way of purchase of shares.

1

| 2. | The business activities of the undertakings concerned are:
  —   for Nordea: Swedish based bank listed on the Stockholm, Helsinki and Copenhagen stock exchanges offering a wide range of financial services,
  —   for DNB: part of DNB ASA Group, which is a Norwegian based financial group listed on the Oslo stock exchange offering a wide range of financial services,
  —   for Relacom: Swedish based technology services provider to the telecommunications, power and machine-to-machine markets. |
| --- | --- |

2.

The business activities of the undertakings concerned are:

—   for Nordea: Swedish based bank listed on the Stockholm, Helsinki and Copenhagen stock exchanges offering a wide range of financial services,

for Nordea

—   for DNB: part of DNB ASA Group, which is a Norwegian based financial group listed on the Oslo stock exchange offering a wide range of financial services,

for DNB

—   for Relacom: Swedish based technology services provider to the telecommunications, power and machine-to-machine markets.

for Relacom

| 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 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. |
| --- | --- |

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 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.

2

| 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.8230 — Nordea Bank/DNB/Relacom Management, to the following address:





  European Commission |
| --- | --- |
| 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.8230 — Nordea Bank/DNB/Relacom Management, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

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

1

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

2

---