# C_2005011EN.01000501.xml

| 15.1.2005 | EN | Official Journal of the European Union | C 11/5 |
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15.1.2005

EN

Official Journal of the European Union

C 11/5

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Prior notification of a concentration

(Case COMP/M.3690 — CNP/Capitalia/Fineco Vita)

Candidate case for simplified procedure

(2005/C 11/05)

(Text with EEA relevance)

| 1. | On 10 January 2005, 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 CNP Assurances S.A. (‘CNP’, France) and FinecoGroup S.p.A. (‘FinecoGroup’, Italy) controlled by Capitalia S.p.A. (‘Capitalia’, Italy) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of FinecoVita S.p.A. (‘FinecoVita’, Italy), currently controlled by Capitalia, by way of purchase of shares. |
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1.

On 10 January 2005, 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 CNP Assurances S.A. (‘CNP’, France) and FinecoGroup S.p.A. (‘FinecoGroup’, Italy) controlled by Capitalia S.p.A. (‘Capitalia’, Italy) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of FinecoVita S.p.A. (‘FinecoVita’, Italy), currently controlled by Capitalia, by way of purchase of shares.

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






  — | for CNP: life insurance, |
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2.

The business activities of the undertakings concerned are:

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for CNP: life insurance,

| — | for Capitalia: holding company of a banking and financial group, |
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for Capitalia: holding company of a banking and financial group,

| — | for FinecoVita: life insurance. |
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—

for FinecoVita: life 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. 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.3690 — CNP/Capitalia/Fineco Vita, 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 (No (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.3690 — CNP/Capitalia/Fineco Vita, 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)  Available on DG COMP website:

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http://europa.eu.int/comm/competition/mergers/legislation/consultation/simplified_tru.pdf.

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