# C_2008169EN.01001601.xml

| 4.7.2008 | EN | Official Journal of the European Union | C 169/16 |
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4.7.2008

EN

Official Journal of the European Union

C 169/16

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Prior notification of a concentration

(Case COMP/M.5147 — Santander/GE Money Bank GmbH/GE Money OE/GE Capital Deutschland GmbH/GE Money Bank Limited)

Candidate case for simplified procedure

(Text with EEA relevance)

(2008/C 169/08)

| 1. | On 25 June 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 Banco Santander SA (‘Santander’, Spain) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings GE Money Bank GmbH (Austria), General Electric Capital Deutschland GmbH (Germany), GE Capital Bank Limited (United Kingdom), GE Money Oy (Finland) and GE Money Card Services Limited (Ireland) (together ‘GEM Business’) by way of purchase of shares. |
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1.

On 25 June 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 Banco Santander SA (‘Santander’, Spain) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings GE Money Bank GmbH (Austria), General Electric Capital Deutschland GmbH (Germany), GE Capital Bank Limited (United Kingdom), GE Money Oy (Finland) and GE Money Card Services Limited (Ireland) (together ‘GEM Business’) by way of purchase of shares.

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






  — | for Santander: financial services, |
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2.

The business activities of the undertakings concerned are:

—

for Santander: financial services,

| — | for GEM Business: financial services. |
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—

for GEM Business: financial services.

| 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.5147 — Santander/GE Money Bank GmbH/GE Money OE/GE Capital Deutschland GmbH/GE Money Bank Limited, 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.5147 — Santander/GE Money Bank GmbH/GE Money OE/GE Capital Deutschland GmbH/GE Money Bank Limited, 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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