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Document 52020M9835
Prior notification of a concentration (Case M.9835 — Bertelsmann/Schweizerische Post/Cinfoni Candidate case for simplified procedure (Text with EEA relevance) 2020/C 358/10
Prior notification of a concentration (Case M.9835 — Bertelsmann/Schweizerische Post/Cinfoni Candidate case for simplified procedure (Text with EEA relevance) 2020/C 358/10
Prior notification of a concentration (Case M.9835 — Bertelsmann/Schweizerische Post/Cinfoni Candidate case for simplified procedure (Text with EEA relevance) 2020/C 358/10
PUB/2020/829
OJ C 358, 26.10.2020, p. 11–11
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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26.10.2020 |
EN |
Official Journal of the European Union |
C 358/11 |
Prior notification of a concentration
(Case M.9835 — Bertelsmann/Schweizerische Post/Cinfoni
Candidate case for simplified procedure
(Text with EEA relevance)
(2020/C 358/10)
1.
On 19 October 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).This notification concerns the following undertakings:
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Bertelsmann SE & Co. KGaA (‘Bertelsmann’, Germany); |
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Die Schweizerische Post AG (‘Schweizerische Post’, Switzerland); |
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Cinfoni AG (‘Cinfoni’, Switzerland). |
Bertelsmann and Schweizerische Post acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Cinfoni.
The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.
2.
The business activities of the undertakings concerned are:|
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Bertelsmann is a global media and services company, active in television, print media, music industry, education and other services, including the provision of logistics, finance and financial data. |
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Schweizerische Post is the Swiss public postal service, also active in the provision in financial services. |
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Cinfoni envisages to provide an international solution enabling registration, identification and exchange as well as re-usage of know-your-customer (KYC) and anti-money-laundering (AML) data as well as other regulatory basic data (for example MiFID II and FATCA data). |
3.
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
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. The following reference should always be specified:
M.9835 – Bertelsmann/Schweizerische Post/Cinfoni
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).