# C_2016322EN.01000401.xml

| 2.9.2016 | EN | Official Journal of the European Union | C 322/4 |
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Prior notification of a concentration

(Case M.7995 — Deutsche Börse/London Stock Exchange Group)

(Text with EEA relevance)

(2016/C 322/04)

| 1. | On 24 August 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004( 1 ) by which the two previously independent undertakings Deutsche Börse AG (‘DBAG’, Germany) and London Stock Exchange Group plc (‘LSEG’, United Kingdom) will merge within the meaning of Article 3(1)(a) of the Merger Regulation. |
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| 2. | The business activities of the undertakings concerned are:
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Deutsche Börse AG is a diversified exchange organisation whose products and services include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services, —
London Stock Exchange Group plc is a diversified financial markets infrastructure and capital markets group whose products include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services. | — | Deutsche Börse AG is a diversified exchange organisation whose products and services include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services, | — | London Stock Exchange Group plc is a diversified financial markets infrastructure and capital markets group whose products include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services. |
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| — | Deutsche Börse AG is a diversified exchange organisation whose products and services include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services, | | | | |
| — | London Stock Exchange Group plc is a diversified financial markets infrastructure and capital markets group whose products include listing, trading and post-trading services for cash equities and fixed income products, derivatives trading and clearing services, Securities Financing Transaction trading, clearing and collateral management services for repurchase agreements (‘repos’), information services, regulatory reporting products and services, as well as technology services. | | | | |

| 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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| 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.7995 — Deutsche Börse/London Stock Exchange Group, to the following address:
European Commission Directorate-General for Competition Merger Registry 1049 Bruxelles/Brussel BELGIQUE/BELGIË | European Commission | Directorate-General for Competition | Merger Registry | 1049 Bruxelles/Brussel | BELGIQUE/BELGIË |
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| 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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