# C_2016311EN.01000501.xml

| 26.8.2016 | EN | Official Journal of the European Union | C 311/5 |
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26.8.2016

EN

Official Journal of the European Union

C 311/5

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Prior notification of a concentration

(Case M.8188 — PostFinance/SIX/Twint)

Candidate case for simplified procedure

(Text with EEA relevance)

(2016/C 311/05)

| 1. | On 19 August 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which PostFinance AG (‘PostFinance’, Switzerland), controlled by Die Schweizerische Post AG, owned by Swiss Confederation, and SIX Payment Services AG, controlled by Six Group AG (‘SIX’, Switzerland), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Twint AG (‘Twint’, Switzerland), currently controlled by PostFinance, by way of purchase of shares. |
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1.

On 19 August 2016, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which PostFinance AG (‘PostFinance’, Switzerland), controlled by Die Schweizerische Post AG, owned by Swiss Confederation, and SIX Payment Services AG, controlled by Six Group AG (‘SIX’, Switzerland), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Twint AG (‘Twint’, Switzerland), currently controlled by PostFinance, by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | PostFinance offers a variety of financial services including financial transactions and inter-bank services. In particular, it provides arrangements for direct debit and e-billing for its e- and m-banking customers and for users of Electronic Data Interchange, |
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2.

The business activities of the undertakings concerned are:

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PostFinance offers a variety of financial services including financial transactions and inter-bank services. In particular, it provides arrangements for direct debit and e-billing for its e- and m-banking customers and for users of Electronic Data Interchange,

| — | SIX manages the Swiss financial market infrastructure and offers services in the areas of securities trading, financial information and payment transactions. |
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SIX manages the Swiss financial market infrastructure and offers services in the areas of securities trading, financial information and payment transactions.

| 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.8188 — PostFinance/SIX/Twint, 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.8188 — PostFinance/SIX/Twint, 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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