# C_2008033EN.01001301.xml

| 7.2.2008 | EN | Official Journal of the European Union | C 33/13 |
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7.2.2008

EN

Official Journal of the European Union

C 33/13

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Prior notification of a concentration

(Case COMP/M.4990 — Euler Hermes/OeKB/JV)

(Text with EEA relevance)

(2008/C 33/11)

| 1. | On 30 January 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Euler Hermes Kreditversicherungs-AG (‘Euler Hermes’) which belongs to the Allianz group and the Oesterreichische Kontrollbank AG (‘OeKB’) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control by way of the purchase of shares of a newly created Management Holding which will hold the shares of the undertakings Prisma (‘Prisma’) and OeKB Versicherung AG (‘OeKB-V’). Prisma is already jointly controlled by Euler Hermes and OeKB while OeKB-V is currently solely controlled by OeKB. |
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1.

On 30 January 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Euler Hermes Kreditversicherungs-AG (‘Euler Hermes’) which belongs to the Allianz group and the Oesterreichische Kontrollbank AG (‘OeKB’) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control by way of the purchase of shares of a newly created Management Holding which will hold the shares of the undertakings Prisma (‘Prisma’) and OeKB Versicherung AG (‘OeKB-V’). Prisma is already jointly controlled by Euler Hermes and OeKB while OeKB-V is currently solely controlled by OeKB.

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






  — | Allianz: life and non-life insurance, banking, |
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2.

The business activities of the undertakings concerned are:

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Allianz: life and non-life insurance, banking,

| — | OeKB: state financing of exports, capital market services, |
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OeKB: state financing of exports, capital market services,

| — | Euler Hermes: credit insurance, |
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Euler Hermes: credit insurance,

| — | OeKB-V: credit insurance, |
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OeKB-V: credit insurance,

| — | Prisma: credit insurance. |
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Prisma: credit insurance.

| 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. |
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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.

| 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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4990 — Euler Hermes/OeKB/JV, to the following address:





  European Commission |
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| Directorate-General for Competition, |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4990 — Euler Hermes/OeKB/JV, to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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

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