# C_2014075EN.01000801.xml

| 14.3.2014 | EN | Official Journal of the European Union | C 75/8 |
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14.3.2014

EN

Official Journal of the European Union

C 75/8

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Prior notification of a concentration

(Case COMP/M.7151 — BNP Paribas/Certain Assets of Royal Bank of Scotland)

(Text with EEA relevance)

2014/C 75/04

| 1. | On 6 March 2014 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 BNP Paribas SA (‘BNPP’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of certain assets (‘Target Assets’) of The Royal Bank of Scotland plc. and The Royal Bank of Scotland NV (together ‘RBS’, the United Kingdom) by way of purchase of assets. |
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1.

On 6 March 2014 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 BNP Paribas SA (‘BNPP’, France) acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of certain assets (‘Target Assets’) of The Royal Bank of Scotland plc. and The Royal Bank of Scotland NV (together ‘RBS’, the United Kingdom) by way of purchase of assets.

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






  — | for BNPP: banking and financial services, including retail, corporate and investment baking, issuing of securities such as warrants, certificates, notes, worldwide, |
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2.

The business activities of the undertakings concerned are:

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for BNPP: banking and financial services, including retail, corporate and investment baking, issuing of securities such as warrants, certificates, notes, worldwide,

| — | for RBS: banking and financial services, including retail and commercial businesses (mainly in UK, USA and Ireland), as well as investment banking, wealth management and payments network (across Europe, Middle East, the Americas and Asia), |
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for RBS: banking and financial services, including retail and commercial businesses (mainly in UK, USA and Ireland), as well as investment banking, wealth management and payments network (across Europe, Middle East, the Americas and Asia),

| — | for Target Assets: various financial instruments held by or entered into by RBS, including structured investment products, equity derivatives and related hedges, other assets such as IP, software and proprietary indices information and employees assigned to the above products. |
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for Target Assets: various financial instruments held by or entered into by RBS, including structured investment products, equity derivatives and related hedges, other assets such as IP, software and proprietary indices information and employees assigned to the above products.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope the Merger Regulation. However, the final decision on this point is reserved. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope the Merger Regulation. However, the final decision on this point is reserved.

| 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 COMP/M.7151 — BNP Paribas/Certain Assets of Royal Bank of Scotland, 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 COMP/M.7151 — BNP Paribas/Certain Assets of Royal Bank of Scotland, 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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