# Official Journal C 162/19 J

| | ISSN 1725-2423 |
| --- | --- |
| Official Journal
  of the European Union | C 162 |
| | |
| English edition | Information and Notices | Volume 4719 June 2004 |

ISSN 1725-2423

Official Journal

of the European Union

C 162

English edition

Information and Notices

Volume 4719 June 2004

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| Notice No | Contents | page |
| --- | --- | --- |
| | I   Information |
| | Commission |
| 2004/C 162/1 | Euro exchange rates | 1 |
| 2004/C 162/2 | Prior notification of a concentration (Case No. COMP/M.3438 – Putnam / Union Investment / Union PanAgora JV) — Candidate case for simplified procedure (
  1
  ) | 2 |
| 2004/C 162/3 | Prior notification of a concentration (Case No. COMP/M.3487- PGA Motors / G.G.B.A.) — Candidate case for simplified procedure (
  1
  ) | 3 |

Notice No

Contents

page

I   Information

Commission

2004/C 162/1

Euro exchange rates

1

2004/C 162/2

Prior notification of a concentration (Case No. COMP/M.3438 – Putnam / Union Investment / Union PanAgora JV) — Candidate case for simplified procedure (
  1
  )

1

2

2004/C 162/3

Prior notification of a concentration (Case No. COMP/M.3487- PGA Motors / G.G.B.A.) — Candidate case for simplified procedure (
  1
  )

1

3

| | |
| --- | --- |
| | (1)   Text with EEA relevance |

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(1)   Text with EEA relevance

1

| EN | |
| --- | --- |

EN

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I Information

Commission

| 19.6.2004 | EN | Official Journal of the European Union | C 162/1 |
| --- | --- | --- | --- |

19.6.2004

EN

Official Journal of the European Union

C 162/1

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Euro exchange rates (1)

18 June 2004

(2004/C 162/01)

1 euro=

| | Currency | Exchange rate |
| --- | --- | --- |
| USD | US dollar | 1,2042 |
| JPY | Japanese yen | 131,42 |
| DKK | Danish krone | 7,4327 |
| GBP | Pound sterling | 0,65595 |
| SEK | Swedish krona | 9,1485 |
| CHF | Swiss franc | 1,5104 |
| ISK | Iceland króna | 87,26 |
| NOK | Norwegian krone | 8,3810 |
| BGN | Bulgarian lev | 1,9558 |
| CYP | Cyprus pound | 0,58190 |
| CZK | Czech koruna | 31,843 |
| EEK | Estonian kroon | 15,6466 |
| HUF | Hungarian forint | 255,28 |
| LTL | Lithuanian litas | 3,4528 |
| LVL | Latvian lats | 0,6519 |
| MTL | Maltese lira | 0,4240 |
| PLN | Polish zloty | 4,5806 |
| ROL | Romanian leu | 40 748 |
| SIT | Slovenian tolar | 239,3500 |
| SKK | Slovak koruna | 39,925 |
| TRL | Turkish lira | 1 792 100 |
| AUD | Australian dollar | 1,7523 |
| CAD | Canadian dollar | 1,6511 |
| HKD | Hong Kong dollar | 9,3913 |
| NZD | New Zealand dollar | 1,9214 |
| SGD | Singapore dollar | 2,0671 |
| KRW | South Korean won | 1 396,93 |
| ZAR | South African rand | 7,8014 |

Currency

Exchange rate

USD

US dollar

1,2042

JPY

Japanese yen

131,42

DKK

Danish krone

7,4327

GBP

Pound sterling

0,65595

SEK

Swedish krona

9,1485

CHF

Swiss franc

1,5104

ISK

Iceland króna

87,26

NOK

Norwegian krone

8,3810

BGN

Bulgarian lev

1,9558

CYP

Cyprus pound

0,58190

CZK

Czech koruna

31,843

EEK

Estonian kroon

15,6466

HUF

Hungarian forint

255,28

LTL

Lithuanian litas

3,4528

LVL

Latvian lats

0,6519

MTL

Maltese lira

0,4240

PLN

Polish zloty

4,5806

ROL

Romanian leu

40 748

SIT

Slovenian tolar

239,3500

SKK

Slovak koruna

39,925

TRL

Turkish lira

1 792 100

AUD

Australian dollar

1,7523

CAD

Canadian dollar

1,6511

HKD

Hong Kong dollar

9,3913

NZD

New Zealand dollar

1,9214

SGD

Singapore dollar

2,0671

KRW

South Korean won

1 396,93

ZAR

South African rand

7,8014

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(1)

Source: reference exchange rate published by the ECB.

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| 19.6.2004 | EN | Official Journal of the European Union | C 162/2 |
| --- | --- | --- | --- |

19.6.2004

EN

Official Journal of the European Union

C 162/2

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Prior notification of a concentration

(Case No. COMP/M.3438 – Putnam / Union Investment / Union PanAgora JV)

Candidate case for simplified procedure

(2004/C 162/02)

(Text with EEA relevance)

| 1. | On 10.6.2004, 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 Putnam Investment LLC (‘Putnam’, USA) belonging to the Marsh & McLennan Group of Companies (USA), through the acquisition of control of the whole undertaking PanAgora Assets Management Inc (‘PanAgora’, USA), and Union Assets Management Holding AG (‘Union Investment’, Germany), controlled by DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (Germany), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Union PanAgora Assets Management GmbH (‘Union PanAgora’, Germany), by way of purchase of shares. |
| --- | --- |

1.

On 10.6.2004, 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 Putnam Investment LLC (‘Putnam’, USA) belonging to the Marsh & McLennan Group of Companies (USA), through the acquisition of control of the whole undertaking PanAgora Assets Management Inc (‘PanAgora’, USA), and Union Assets Management Holding AG (‘Union Investment’, Germany), controlled by DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main (Germany), acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertaking Union PanAgora Assets Management GmbH (‘Union PanAgora’, Germany), by way of purchase of shares.

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






  — | for Putnam: financial services, including assets management services. |
| --- | --- | --- |

2.

The business activities of the undertakings concerned are:

—

for Putnam: financial services, including assets management services.

| — | for PanAgora: assets management services. |
| --- | --- |

—

for PanAgora: assets management services.

| — | for Union Investment: assets management services. |
| --- | --- |

—

for Union Investment: assets management services.

| — | for Union PanAgora: assets management services. |
| --- | --- |

—

for Union PanAgora: assets management services.

| 3. | On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. 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 (EEC) No4064/89 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
| --- | --- |

3.

On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. 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 (EEC) No4064/89 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

| 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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M.3438 – Putnam / Union Investment / Union PanAgora JV, to the following address:





  European Commission |
| --- | --- |
| Directorate-General for Competition, |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M.3438 – Putnam / Union Investment / Union PanAgora JV, to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004, p. 1

(2)  OJ C 217, 29.7.2000, p. 32; Council Regulation (EEC) No 4064/89 has been replaced by Council Regulation (EC) No 139/2004.

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| 19.6.2004 | EN | Official Journal of the European Union | C 162/3 |
| --- | --- | --- | --- |

19.6.2004

EN

Official Journal of the European Union

C 162/3

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Prior notification of a concentration

(Case No. COMP/M.3487- PGA Motors / G.G.B.A.)

Candidate case for simplified procedure

(2004/C 162/03)

(Text with EEA relevance)

| 1. | On 15.6.2004, 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 PGA Motors S.A.S. (‘PGA’, France), belonging to the Porsche Holding Gesellschaft m.b.H.-group, acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking G.G.B.A. (France) by way of purchase of shares. |
| --- | --- |

1.

On 15.6.2004, 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 PGA Motors S.A.S. (‘PGA’, France), belonging to the Porsche Holding Gesellschaft m.b.H.-group, acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking G.G.B.A. (France) by way of purchase of shares.

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






  — | Porsche Holding Gesellschaft m.b.H.: retail distribution of new and used passenger cars and light commercial vehicles; |
| --- | --- | --- |

2.

The business activities of the undertakings concerned are:

—

Porsche Holding Gesellschaft m.b.H.: retail distribution of new and used passenger cars and light commercial vehicles;

| — | for PGA: retail distribution chain of new and used passenger cars and light commercial vehicles in France; |
| --- | --- |

—

for PGA: retail distribution chain of new and used passenger cars and light commercial vehicles in France;

| — | for G.G.B.A.: retail distribution chain of new and used passenger cars and light commercial vehicles, mainly in France |
| --- | --- |

—

for G.G.B.A.: retail distribution chain of new and used passenger cars and light commercial vehicles, mainly in France

| 3. | On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. 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 (EEC) No 4064/89 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
| --- | --- |

3.

On preliminary examination, the Commission finds that the notified concentration could fall within the scope of Regulation (EC) No 139/2004. 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 (EEC) No 4064/89 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

| 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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M3487-PGA Motors / G.G.B.A., to the following address:





  European Commission |
| --- | --- |
| Directorate-General for Competition, |
| Merger Registry |
| J-70 |
| B-1049 Bruxelles/Brussel |

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 (fax no. +32/2/2964301 or 2967244) or by post, under reference number COMP/M3487-PGA Motors / G.G.B.A., to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel

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(1)  OJ L 24, 29.1.2004 p. 1

(2)  OJ C 217, 29.7.2000, p. 32; Council Regulation (EEC) No 4064/89 has been replaced by Council Regulation (EC) No 139/2004.

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