CELEX: 32000M2065
Language: en
Date: 2000-11-17 00:00:00
Title: COMMISSION DECISION of 17/11/2000 declaring a concentration to be compatible with the common market (Case No IV/M.2065 - 4*  ACHMEA/BCP/EUREKO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Important legal notice

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32000M2065

COMMISSION DECISION of 17/11/2000 declaring a concentration to be compatible with the common market (Case No IV/M.2065 - 4*  ACHMEA/BCP/EUREKO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 376 , 29/12/2000 P. 0009 - 0009

		300M2065COMMISSION DECISION of 17/11/2000 declaring a concentration to be compatible with the common market (Case No IV/M.2065 - 4* ACHMEA/BCP/EUREKO) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)To the notifying partiesDear Sirs and Madam,Subject: Case No. COMP/M.2065 - Achmea/BCP/EurekoNotification of 18 October 2000 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1][1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17.Publication in the Official Journal of the European Communities No. C305/06, 25.10.20001. On 18 October, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the Achmea group (NL) and Banco Comercial Portugues (BCP, Portugal) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of Eureko (NL) by way of purchase of shares.2. The business activities of the undertakings concerned are :- for Achmea : insurance and financial services- for BCP : insurance and financial services- for Eureko: insurance and financial services3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2].[2] OJ C 217, 29.07.2000, p. 32.4. To the extent that restrictions specified by the parties are directly related and necessary to the implementation of the concentration, these restrictions are covered pursuant to Article 6(1)(b), second subparagraph, of Council Regulation (EEC) No. 4064/89.5. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89.For the Commission,Michaele SCHREYER,Member of the Commission--------------------------------------------------