# C_2015055EN.01001301.xml

| 14.2.2015 | EN | Official Journal of the European Union | C 55/13 |
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14.2.2015

EN

Official Journal of the European Union

C 55/13

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Prior notification of a concentration

(Case M.7478 — Aviva/Friends Life/Tenet)

(Text with EEA relevance)

(2015/C 55/08)

| 1. | On 6 February 2015, 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 Aviva Plc (Aviva, UK) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertakings Friends Life Group Limited (Friends Life, Guernsey) and Tenet Group Limited (Tenet, UK) by way of purchase of shares. |
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1.

On 6 February 2015, 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 Aviva Plc (Aviva, UK) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of the undertakings Friends Life Group Limited (Friends Life, Guernsey) and Tenet Group Limited (Tenet, UK) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for Aviva: provision of life insurance, non-life insurance, asset managment and reinsurance services principally in the UK, France and Canada, but also elsewhere in Europe and Asia;
  —   for Friends Life: provision of life insurance and insurance distribution services in the UK, Germany, the United Arab Emirates, Singapore, Hong Kong and the Isle of Man;
  —   for Tenet: insurance distribution and related services in the UK. |
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2.

The business activities of the undertakings concerned are:

—   for Aviva: provision of life insurance, non-life insurance, asset managment and reinsurance services principally in the UK, France and Canada, but also elsewhere in Europe and Asia;

for Aviva

—   for Friends Life: provision of life insurance and insurance distribution services in the UK, Germany, the United Arab Emirates, Singapore, Hong Kong and the Isle of Man;

for Friends Life

—   for Tenet: insurance distribution and related services in the UK.

for Tenet

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 of the 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 M.7478 — Aviva/Friends Life/Tenet, 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 M.7478 — Aviva/Friends Life/Tenet, 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 ‘Merger Regulation’).

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