# C_2009286EN.01000701.xml

| 27.11.2009 | EN | Official Journal of the European Union | C 286/7 |
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27.11.2009

EN

Official Journal of the European Union

C 286/7

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Prior notification of a concentration

(Case COMP/M.5728 — Crédit Agricole SA/Société Générale Asset Management)

(Text with EEA relevance)

2009/C 286/04

| 1. | On 18 November 2009, the Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1) by which the undertaking Crédit Agricole Group (France) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of parts of the undertaking Société Générale Asset Management (‘SGAM’, France) by way of purchase of shares and assets. |
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1.

On 18 November 2009, the Commission received a notification of a proposed concentration pursuant to Article 4 and following a referral pursuant to Article 4(5) of Council Regulation (EC) No 139/2004 (1) by which the undertaking Crédit Agricole Group (France) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of parts of the undertaking Société Générale Asset Management (‘SGAM’, France) by way of purchase of shares and assets.

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






  — | for Crédit Agricole Group: one of main banking groups in France, present in all banking and finance activities. Currently active in asset management through its subsidiary Crédit Agricole Asset Management and BFT Gestion, |
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2.

The business activities of the undertakings concerned are:

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for Crédit Agricole Group: one of main banking groups in France, present in all banking and finance activities. Currently active in asset management through its subsidiary Crédit Agricole Asset Management and BFT Gestion,

| — | for SGAM: the majority of the European and Asian traditional asset management activities of Société Générale. Excluded are the non-‘traditional’ or ‘alternative’ asset management activities of Société Générale Asset Management in Europe (e.g., Lyxor Asset Management), as well as its asset management businesses in China and Korea. |
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for SGAM: the majority of the European and Asian traditional asset management activities of Société Générale. Excluded are the non-‘traditional’ or ‘alternative’ asset management activities of Société Générale Asset Management in Europe (e.g., Lyxor Asset Management), as well as its asset management businesses in China and Korea.

Lyxor

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. 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 of Regulation (EC) No 139/2004. 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 or 22967244) or by post, under reference number COMP/M.5728 — Crédit Agricole SA/Société Générale Asset Management, 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 or 22967244) or by post, under reference number COMP/M.5728 — Crédit Agricole SA/Société Générale Asset Management, 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.

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