CELEX: 32002M2836
Language: en
Date: 2002-06-19 00:00:00
Title: Commission Decision of 19/06/2002 declaring a concentration to be compatible with the common market (Case No COMP/M.2836 - ACHMEA / ROYAL & SUN ALLIANCE BENELUX) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)

Avis juridique important

|

32002M2836

Commission Decision of 19/06/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2836 - ACHMEA / ROYAL & SUN ALLIANCE BENELUX) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic)  

Official Journal 153 , 27/06/2002 P. 0012 - 0012

Commission Decision of 19/06/2002 declaring a concentration to be compatible with the common market (Case No IV/M.2836 - ACHMEA / ROYAL SUN ALLIANCE BENELUX) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying partyDear Sirs,Subject: Case No. COMP/M.2836 - Achmea/Royal & Sun Alliance Benelux Notification of 17.05.2002 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] Publication in the Official Journal of the European Communities No. C 127, 29.05.2002, page 26[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. 17.1. On 17.05.2002, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which the undertakings Achmea Holding N.V. ("Achmea", The Netherlands) belonging to the group Eureko B.V(The Netherlands)  acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Royal & Sun Alliance Benelux Holdings N.V. ("R&SA", The Netherlands) belonging to the Royal & Sun Alliance Insurance Group plc.(UK) by way of purchase of shares. The business activities of the undertakings concerned are :- for Achmea : Financial services, insurance products and asset management;- for R&SA:     Financial services, insurance products and asset management.2. 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. 32.3. 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 CommissionMario MONTI, Member of the Commission