CELEX: 32019M9380
Language: en
Date: 2019-06-05 00:00:00
Title: Commission Decision of 05/06/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9380 - Bâloise (Luxembourg) Holding S.A. / Fidea NV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 05.06.2019
                                                                C(2019) 4288 final
                                                                                   PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9380 - BALOISE / FIDEA
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
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                No 139/2004 and Article 57 of the Agreement on the European Economic
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                Area
Dear Sir or Madam,
1.      On 6 May 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Bâloise
        (Luxembourg) Holding S.A. (Luxembourg), controlled by Bâloise Holding AG
        (“Bâloise”, Switzerland), acquires within the meaning of Article 3(1)(b) of the Merger
        Regulation control of the whole of Fidea NV (“Fidea”, Belgium), ultimately controlled
        by Anbang Insurance Group Company Limited (China) by way of a purchase of shares.3
2.      The business activities of the undertakings concerned are:
        −     Bâloise provides prevention, pension, assistance and insurance solutions in Europe,
        −     Fidea provides life and non-life insurance products predominantly in Belgium.
3.      After examination of the notification, the European Commission has concluded that the
        notified operation falls within the scope of the Merger Regulation and of paragraph 6 of
        the Commission Notice on a simplified procedure for treatment of certain
        concentrations under Council Regulation (EC) No 139/2004.4
1       OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the
        Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of
        'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be
        used throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
3       Publication in the Official Journal of the European Union No C 165, 14.5.2019, p. 36.
4       OJ C 366, 14.12.2013, p. 5.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 4. For the reasons set out in the Notice on a simplified procedure, the European
   Commission has decided not to oppose the notified operation and to declare it
   compatible with the internal market and with the EEA Agreement. This decision is
   adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the
   EEA Agreement.
                                                   For the Commission
                                                   (Signed)
                                                   Johannes LAITENBERGER
                                                   Director-General
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