# C_2013337EN.01001001.xml

| 19.11.2013 | EN | Official Journal of the European Union | C 337/10 |
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19.11.2013

EN

Official Journal of the European Union

C 337/10

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Prior notification of a concentration

(Case COMP/M.7081 — Centerbridge Partners/Corsair Capital/Royal Bank of Scotland Group)

(Text with EEA relevance)

2013/C 337/09

| 1. | On 12 November 2013, 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(s): (i) Centerbridge Partners LP (‘Centerbridge’, USA), (ii) Corsair Capital LLC (‘Corsair’, USA) and (iii) the Royal Bank of Scotland Group (‘RBSG’, UK) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of certain assets of RBSG (‘Rainbow Business’, UK) by way of purchase of securities. |
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1.

On 12 November 2013, 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(s): (i) Centerbridge Partners LP (‘Centerbridge’, USA), (ii) Corsair Capital LLC (‘Corsair’, USA) and (iii) the Royal Bank of Scotland Group (‘RBSG’, UK) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of certain assets of RBSG (‘Rainbow Business’, UK) by way of purchase of securities.

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






  — | for Centerbridge: multi-strategy institutional investment management, focusing on private equity and credit investments, |
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2.

The business activities of the undertakings concerned are:

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for Centerbridge: multi-strategy institutional investment management, focusing on private equity and credit investments,

| — | for Corsair: private equity fund, investing in the global financial services industry, |
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for Corsair: private equity fund, investing in the global financial services industry,

| — | for RBSG: banking and financial services, including retail and commercial businesses (mainly in UK, USA and Ireland), as well as investment banking, wealth management and payments network (across Europe, Middle East, the Americas and Asia), |
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for RBSG: banking and financial services, including retail and commercial businesses (mainly in UK, USA and Ireland), as well as investment banking, wealth management and payments network (across Europe, Middle East, the Americas and Asia),

| — | for Rainbow Business: retail banking and banking services to SMEs and other corporate customers in the UK. |
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for Rainbow Business: retail banking and banking services to SMEs and other corporate customers in the UK.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. 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 the EC Merger Regulation. 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 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.7081 — Centerbridge Partners/Corsair Capital/Royal Bank of Scotland Group, to the following address:





  European Commission |
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| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.7081 — Centerbridge Partners/Corsair Capital/Royal Bank of Scotland Group, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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