# C_2006067EN.01003001.xml

| 18.3.2006 | EN | Official Journal of the European Union | C 67/30 |
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18.3.2006

EN

Official Journal of the European Union

C 67/30

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Prior notification of a concentration

(Case COMP/M.4159 — Aegon/Caja Navarra/Seguros Navarra JV)

Candidate case for simplified procedure

(2006/C 67/11)

(Text with EEA relevance)

| 1. | On 14 March 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Aegon Spanje Holding, BV (Aegon, The Netherlands) belonging to the group Aegon and Caja de Ahorros y del Monte de Piedad de Navarra (CAN, Spain) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Seguros Navarra, S.A. (Seguros Navarra, Spain) by way of purchase of shares. Seguros Navarra is currently under the sole control of CAN. |
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1.

On 14 March 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Aegon Spanje Holding, BV (Aegon, The Netherlands) belonging to the group Aegon and Caja de Ahorros y del Monte de Piedad de Navarra (CAN, Spain) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Seguros Navarra, S.A. (Seguros Navarra, Spain) by way of purchase of shares. Seguros Navarra is currently under the sole control of CAN.

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| 2. | The business activities of the undertakings concerned are:






  — | Aegon: life insurance and pensions, savings and investment products; |
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2.

The business activities of the undertakings concerned are:

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Aegon: life insurance and pensions, savings and investment products;

| — | CAN: private entity active in credit, deposit transactions, general financing and insurance distribution in Spain; |
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CAN: private entity active in credit, deposit transactions, general financing and insurance distribution in Spain;

| — | Seguros Navarra: life insurance and pension plans in Spain. |
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Seguros Navarra: life insurance and pension plans in Spain.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 the 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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4159 — Aegon/Caja Navarra/Seguros Navarra JV, to the following address:





  European Commission |
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| Competition DG |
| Merger Registry |
| J-70 |
| B-1049 Brussels |

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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4159 — Aegon/Caja Navarra/Seguros Navarra JV, to the following address:

European Commission

Competition DG

Merger Registry

J-70

B-1049 Brussels

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(1)  OJ L 24, 29.1.2004, p. 1.

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(2)  OJ C 56, 5.3.2005, p. 32.

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