# C_2015120EN.01000501.xml

| 15.4.2015 | EN | Official Journal of the European Union | C 120/5 |
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15.4.2015

EN

Official Journal of the European Union

C 120/5

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Prior notification of a concentration

(Case M.7577 — Fairfax Financial Holdings/Brit)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 120/04)

| 1. | On 8 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Fairfax Financial Holdings Limited (‘Fairfax’, Canada), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Brit plc (‘Brit’, the UK) by way of public bid announced on 16 March 2015. |
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1.

On 8 April 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking Fairfax Financial Holdings Limited (‘Fairfax’, Canada), acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Brit plc (‘Brit’, the UK) by way of public bid announced on 16 March 2015.

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| 2. | The business activities of the undertakings concerned are:
  —   for Fairfax: property and casualty insurance and reinsurance and investment management,
  —   for Brit: non-life insurance and reinsurance, including a broad class of commercial specialty insurance. |
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2.

The business activities of the undertakings concerned are:

—   for Fairfax: property and casualty insurance and reinsurance and investment management,

for Fairfax

—   for Brit: non-life insurance and reinsurance, including a broad class of commercial specialty insurance.

for Brit

| 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.7577 — Fairfax Financial Holdings/Brit, 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.7577 — Fairfax Financial Holdings/Brit, 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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