# C_2016039EN.01000401.xml

| 2.2.2016 | EN | Official Journal of the European Union | C 39/4 |
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2.2.2016

EN

Official Journal of the European Union

C 39/4

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Prior notification of a concentration

(Case M.7939 — HDI Assicurazioni/CBA Vita/Sella Life)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 39/05)

| 1. | On 27 January 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HDI Assicurazioni SpA (Italy), belonging to the Talnax Group (Germany) acquire(s) within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of CBA Vita SpA (Italy) and its subsidiary Sella Life Limited, belonging to the Banca Sella Group (Italy) by way of purchase of shares. |
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1.

On 27 January 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which HDI Assicurazioni SpA (Italy), belonging to the Talnax Group (Germany) acquire(s) within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of CBA Vita SpA (Italy) and its subsidiary Sella Life Limited, belonging to the Banca Sella Group (Italy) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for HDI: offering insurance products to private and commercial customers,
  —   for CBA: offering life insurance products in Italy to private, professional and corporate customers; CBA has a marginal presence in insurances for damages related to sickness and accidents,
  —   Sella Life: creation of unit-linked insurance contracts in Italy. |
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2.

The business activities of the undertakings concerned are:

—   for HDI: offering insurance products to private and commercial customers,

for HDI

—   for CBA: offering life insurance products in Italy to private, professional and corporate customers; CBA has a marginal presence in insurances for damages related to sickness and accidents,

for CBA

—   Sella Life: creation of unit-linked insurance contracts in Italy.

Sella Life

| 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 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 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.7939 — HDI Assicurazioni/CBA Vita/Sella Life, 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.7939 — HDI Assicurazioni/CBA Vita/Sella Life, 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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