# C_2016167EN.01001901.xml

| 11.5.2016 | EN | Official Journal of the European Union | C 167/19 |
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11.5.2016

EN

Official Journal of the European Union

C 167/19

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Prior notification of a concentration

(Case M.8026 — Banco Bilbao Vizcaya Argentaria Colombia/RCI Banque/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 167/11)

| 1. | On 29 April 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 undertakings RCI Banque SA (‘RCI’, France), ultimately controlled by the Renault Group (‘Renault’, France), and Banco Bilbao Vizcaya Argentaria Colombia SA (‘BBVA Colombia’, Colombia), ultimately controlled by Banco Bilbao Vizcaya Argentaria SA (‘BBVA’, Spain), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a newly created company constituting a joint venture (the ‘JV’), by way of purchase of shares. |
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1.

On 29 April 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 undertakings RCI Banque SA (‘RCI’, France), ultimately controlled by the Renault Group (‘Renault’, France), and Banco Bilbao Vizcaya Argentaria Colombia SA (‘BBVA Colombia’, Colombia), ultimately controlled by Banco Bilbao Vizcaya Argentaria SA (‘BBVA’, Spain), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a newly created company constituting a joint venture (the ‘JV’), by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   BBVA: international financial group,
  —   BBVA Colombia: provision of financial and non-financial services at wholesale and retail level to a range of market segments in Colombia, including consumer finance (auto and consumer finance), and capital markets and securities operations,
  —   Renault: automotive industry,
  —   RCI: provision of financing to Renault and Nissan dealers as well as to private and commercial customers who purchase cars in Renault or Nissan dealerships,
  —   JV: provision of retail and wholesale financing to Renault purchasers and dealers in Colombia. |
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2.

The business activities of the undertakings concerned are:

—   BBVA: international financial group,

BBVA

—   BBVA Colombia: provision of financial and non-financial services at wholesale and retail level to a range of market segments in Colombia, including consumer finance (auto and consumer finance), and capital markets and securities operations,

BBVA Colombia

—   Renault: automotive industry,

Renault

—   RCI: provision of financing to Renault and Nissan dealers as well as to private and commercial customers who purchase cars in Renault or Nissan dealerships,

RCI

—   JV: provision of retail and wholesale financing to Renault purchasers and dealers in Colombia.

JV

| 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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.8026 — Banco Bilbao Vizcaya Argentaria Colombia/RCI Banque/JV, 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 M.8026 — Banco Bilbao Vizcaya Argentaria Colombia/RCI Banque/JV, 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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