# C_2008196EN.01001401.xml

| 2.8.2008 | EN | Official Journal of the European Union | C 196/14 |
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2.8.2008

EN

Official Journal of the European Union

C 196/14

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Prior notification of a concentration

(Case COMP/M.5278 — Banque Fédérative du Crédit Mutuel/Citibank Private Banking Germany)

Candidate case for simplified procedure

(Text with EEA relevance)

(2008/C 196/10)

| 1. | On 28 July 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 Banque Fédérative du Crédit Mutuel, France (‘Crédit Mutuel’, France) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of Citigroup's German retail banking business (‘Citibank Germany’), by way of purchase of shares. |
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1.

On 28 July 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 Banque Fédérative du Crédit Mutuel, France (‘Crédit Mutuel’, France) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of Citigroup's German retail banking business (‘Citibank Germany’), by way of purchase of shares.

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






  — | for Crédit Mutuel: retail banking, insurance-banking, |
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2.

The business activities of the undertakings concerned are:

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for Crédit Mutuel: retail banking, insurance-banking,

| — | for Citibank Germany: retail banking, insurance business. |
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for Citibank Germany: retail banking, insurance business.

| 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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.5278 — Banque Fédérative du Crédit Mutuel/Citibank Private Banking Germany, 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.5278 — Banque Fédérative du Crédit Mutuel/Citibank Private Banking Germany, 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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(2)  OJ C 56, 5.3.2005, p. 32.

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