# C_2020338EN.01000601.xml

| 12.10.2020 | EN | Official Journal of the European Union | C 338/6 |
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12.10.2020

EN

Official Journal of the European Union

C 338/6

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Prior notification of a concentration

(Case M.9875 — BGL BNP Paribas/POST Luxembourg/i-Hub)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 338/05)

1.

This notification concerns the following undertakings:

| — | BGL BNP Paribas (‘BGL’, Luxembourg), belonging to the BNP Paribas group (France), |
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BGL BNP Paribas (‘BGL’, Luxembourg), belonging to the BNP Paribas group (France),

| — | POST Luxembourg (‘POST’, Luxembourg), |
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POST Luxembourg (‘POST’, Luxembourg),

| — | i-Hub S.A. (‘I-Hub’, Luxembourg), currently solely controlled by POST. |
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i-Hub S.A. (‘I-Hub’, Luxembourg), currently solely controlled by POST.

BGL and POST acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of i-Hub.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.

| — | for BGL: credit institution providing a range of banking services in Luxembourg, including retail banking, international financial services and corporate and institutional banking, |
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for BGL: credit institution providing a range of banking services in Luxembourg, including retail banking, international financial services and corporate and institutional banking,

| — | for POST: provider of postal, telecommunication, ICT and banking services in Luxembourg. POST is wholly owned by the Luxembourg State, |
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for POST: provider of postal, telecommunication, ICT and banking services in Luxembourg. POST is wholly owned by the Luxembourg State,

| — | for i-Hub: provider of compliance support services, which involve, via its repository platform, assisting undertakings conducting Know Your Customer (‘KYC’) checks in order to comply with their anti-money laundering investigations. |
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for i-Hub: provider of compliance support services, which involve, via its repository platform, assisting undertakings conducting Know Your Customer (‘KYC’) checks in order to comply with their anti-money laundering investigations.

3.

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 the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.9875 — BGL BNP Paribas/POST Luxembourg/i-Hub

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

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

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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