# C_2015336EN.01000401.xml

| 10.10.2015 | EN | Official Journal of the European Union | C 336/4 |
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10.10.2015

EN

Official Journal of the European Union

C 336/4

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Prior notification of a concentration

(Case M.7757 — Axa/Genworth LPI)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 336/04)

| 1. | On 5 October 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which AXA SA (‘AXA’, France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control parts of Genworth Financial Inc.’s insurance business by way of purchase of shares in Genworth Financial European Group Holdings Limited (‘Genworth Topco’, UK), Financial Insurance Guernsey PCC Limited (‘FIG PCC’, Guernsey), Genworth Consulting Services (Beijing) Limited, (‘GCS Beijing’, China), Genworth General Services Asia Limited (‘GGS Asia’, Hong Kong) and CFI Administrators Limited (Ireland), referred to together as ‘Genworth LPI’. |
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1.

On 5 October 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which AXA SA (‘AXA’, France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control parts of Genworth Financial Inc.’s insurance business by way of purchase of shares in Genworth Financial European Group Holdings Limited (‘Genworth Topco’, UK), Financial Insurance Guernsey PCC Limited (‘FIG PCC’, Guernsey), Genworth Consulting Services (Beijing) Limited, (‘GCS Beijing’, China), Genworth General Services Asia Limited (‘GGS Asia’, Hong Kong) and CFI Administrators Limited (Ireland), referred to together as ‘Genworth LPI’.

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| 2. | The business activities of the undertakings concerned are:
  —   for Axa: the provision of life, non-life insurance, reinsurance and asset management services globally,
  —   for Genworth LPI: the provision of life, non-life insurance, and reinsurance services globally. |
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2.

The business activities of the undertakings concerned are:

—   for Axa: the provision of life, non-life insurance, reinsurance and asset management services globally,

for Axa

—   for Genworth LPI: the provision of life, non-life insurance, and reinsurance services globally.

for Genworth LPI

| 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 number Case M.7757 — Axa/Genworth LPI 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 number Case M.7757 — Axa/Genworth LPI 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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