# C_2015058EN.01001301.xml

| 18.2.2015 | EN | Official Journal of the European Union | C 58/13 |
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18.2.2015

EN

Official Journal of the European Union

C 58/13

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Prior notification of a concentration

(Case M.7511 — Barclays Bank/CNP Barclays Vida y Pensiones Compania de Seguros)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 58/09)

| 1. | On 11 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 Barclays Bank PLC (‘Barclays’, United Kingdom) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of CNP Barclays Vida y Pensiones Compania de Seguros, S.A. (‘CNP BVP’, Spain) by way of purchase of shares. |
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1.

On 11 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 Barclays Bank PLC (‘Barclays’, United Kingdom) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of CNP Barclays Vida y Pensiones Compania de Seguros, S.A. (‘CNP BVP’, Spain) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for Barclays: worldwide provision of financial services including retail and commercial banking, credit cards, investment banking, wealth management and investment management services,
  —   for CNP BVP: provision of insurance and pension products in Spain, Portugal and Italy. |
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2.

The business activities of the undertakings concerned are:

—   for Barclays: worldwide provision of financial services including retail and commercial banking, credit cards, investment banking, wealth management and investment management services,

for Barclays

—   for CNP BVP: provision of insurance and pension products in Spain, Portugal and Italy.

for CNP BVP

| 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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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 this Notice. |
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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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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 this 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 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7511 — Barclays Bank/CNP Barclays Vida y Pensiones Compania de Seguros, 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.7511 — Barclays Bank/CNP Barclays Vida y Pensiones Compania de Seguros, 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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(2)  OJ C 366, 14.12.2013, p. 5.

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