# C_2011083EN.01001301.xml

| 17.3.2011 | EN | Official Journal of the European Union | C 83/13 |
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17.3.2011

EN

Official Journal of the European Union

C 83/13

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Prior notification of a concentration

(Case COMP/M.6173 — Ageas/Sabanci Holding/Aksigorta)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 83/10

| 1. | On 8 March 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Ageas Insurance International N.V. (‘Ageas Insurance International’, the Netherlands), controlled by Ageas (‘Ageas’, Belgium/the Netherlands) and H.Ö. Sabancı Holding A.S. (‘Sabancı’, Turkey) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control of Aksigorta A.S. (‘Aksigorta’, Turkey) by way of a purchase of shares. |
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1.

On 8 March 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Ageas Insurance International N.V. (‘Ageas Insurance International’, the Netherlands), controlled by Ageas (‘Ageas’, Belgium/the Netherlands) and H.Ö. Sabancı Holding A.S. (‘Sabancı’, Turkey) acquire, within the meaning of Article 3(1)(b) of the Merger Regulation, joint control of Aksigorta A.S. (‘Aksigorta’, Turkey) by way of a purchase of shares.

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






  — | for Ageas Insurance International: insurance sector (life and non-life) in Europe and in Asia (excluding Turkey), |
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2.

The business activities of the undertakings concerned are:

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for Ageas Insurance International: insurance sector (life and non-life) in Europe and in Asia (excluding Turkey),

| — | for Ageas: parent company of Ageas Insurance International, operating across the life and employee benefits sector in Belgium and the non-life sector internationally, |
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for Ageas: parent company of Ageas Insurance International, operating across the life and employee benefits sector in Belgium and the non-life sector internationally,

| — | for Sabanci: Turkish industrial and financial conglomerate active internationally, |
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for Sabanci: Turkish industrial and financial conglomerate active internationally,

| — | for Aksigorta: non-life insurance activities exclusively in Turkey. |
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for Aksigorta: non-life insurance activities exclusively in Turkey.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the 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 number COMP/M.6173 — Ageas/Sabanci Holding/Aksigorta, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 number COMP/M.6173 — Ageas/Sabanci Holding/Aksigorta, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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