# C_2015362EN.01001801.xml

| 31.10.2015 | EN | Official Journal of the European Union | C 362/18 |
| --- | --- | --- | --- |

31.10.2015

EN

Official Journal of the European Union

C 362/18

---

Prior notification of a concentration

(Case M.7782 — Generali Holding Vienna/Zürich Versicherungs-Aktiengesellschaft/Generali Pensionskasse/Bonus-Pensionskassen)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 362/11)

| 1. | On 23 October 2015, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the company Generali Holding Vienna AG (‘Generali’, Austria), belonging to the group Assicurazioni Generali SpA (Italy), and the company Zürich Versicherungs-Aktiengesellschaft, Austria (‘Zürich’, Austria), belonging to the Zürich insurance group (Switzerland), acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the undertaking Bonus-Pensionskassen Aktiengesellschaft (‘Bonus-PK’, Austria), including its subsidiaries, by way of purchase of shares. At the same time, Bonus Vorsorgekasse AG (‘Bonus-VK’, Austria), over which Generali and Zurich already exercise joint control, assumes a full-function character. |
| --- | --- |

1.

On 23 October 2015, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the company Generali Holding Vienna AG (‘Generali’, Austria), belonging to the group Assicurazioni Generali SpA (Italy), and the company Zürich Versicherungs-Aktiengesellschaft, Austria (‘Zürich’, Austria), belonging to the Zürich insurance group (Switzerland), acquire within the meaning of Article 3(1)(b) and Article 3(4) of the Merger Regulation joint control of the undertaking Bonus-Pensionskassen Aktiengesellschaft (‘Bonus-PK’, Austria), including its subsidiaries, by way of purchase of shares. At the same time, Bonus Vorsorgekasse AG (‘Bonus-VK’, Austria), over which Generali and Zurich already exercise joint control, assumes a full-function character.

1

| 2. | The undertakings concerned are involved in the following business activities in Austria:
  —   Generali: insurance and other financial services,
  —   Zürich: insurance,
  —   Bonus-PK: industry-wide pension fund,
  —   Bonus-VK: provident fund. |
| --- | --- |

2.

The undertakings concerned are involved in the following business activities in Austria:

—   Generali: insurance and other financial services,

Generali

—   Zürich: insurance,

Zürich

—   Bonus-PK: industry-wide pension fund,

Bonus-PK

—   Bonus-VK: provident fund.

Bonus-VK

| 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 the Notice. |
| --- | --- |

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 the Notice.

2

| 4. | The Commission invites interested third parties to submit to it their observations on the proposed operation.
  Observations must reach the Commission no later than 10 days following the date on which this notification is published. They can be sent to the Commission under reference M.7782 — Generali Holding Vienna/Zürich Versicherungs-Aktiengesellschaft/Generali Pensionskasse/Bonus-Pensionskassen by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post to the following address:





  European Commission |
| --- | --- |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit to it their observations on the proposed operation.

Observations must reach the Commission no later than 10 days following the date on which this notification is published. They can be sent to the Commission under reference M.7782 — Generali Holding Vienna/Zürich Versicherungs-Aktiengesellschaft/Generali Pensionskasse/Bonus-Pensionskassen by fax (+32 22964301), by e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

1

(2)  OJ C 366, 14.12.2013, p. 5.

2

---