Document ID: docfile:381ee67d-e484-4793-94a5-5affbcc71e14
Source Database: euc_mergers
Source URL: https://ec.europa.eu/competition/mergers/cases/decisions/m8890_44_3.pdf
Title: BNP PARIBAS / ABN AMRO BANK LUXEMBOURG
Date: 2018-06-22T00:00:00.000+02:00
Metadata: {"caseNumber": "M.8890", "caseInstrument": "M", "caseTitle": "BNP PARIBAS / ABN AMRO BANK LUXEMBOURG", "caseLastDecisionDate": "2018-06-21T22:00:00.000Z", "caseCompanies": ["BNP PARIBAS / ABN AMRO BANK LUXEMBOURG", "BNP PARIBAS / ABN AMRO / ABN AMRO BANK LUXEMBOURG"]}

# **EUROPEAN COMMISSION**

# **DG Competition**

# Case M.8890 - BNP PARIBAS / ABN AMRO BANK LUXEMBOURG

Only the English text is available and authentic.

#### **REGULATION (EC) No 139/2004 MERGER PROCEDURE**

#### Article 6(1)(b) NON-OPPOSITION Date: 22/06/2018

In electronic form on the EUR-Lex website under document number 32018M8890

# **EUROPEAN COMMISSION**

#### Brussels, 22.06.2018 C(2018) 4047 final

#### **PUBLIC VERSION**

To the notifying party:

**Subject: Case M.8890 - BNP PARIBAS / ABN AMRO BANK LUXEMBOURG Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 and Article 57 of the Agreement on the European Economic Area**

Dear Sir or Madam,

    1. On 24 May 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which BNP Paribas ("BNPP", France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of ABN AMRO Bank (Luxembourg) S.A. ("ABN AMRO Bank Luxembourg", Luxembourg) by way of purchase of shares.

2. The business activities of the undertakings concerned are:

     BNPP: active worldwide in retail banking and services as well as corporate and institutional banking,

     ABN AMRO Bank Luxembourg: active in private banking.

    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 5(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

    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

[^]: 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 186, 31.5.2018, p. 26.

[^]: 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.

    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

[^]: 2