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Document C2004/202/07

Prior notification of a concentration (Case No COMP/M.3501 — SEB Trygg Liv Holding/Codan Pension) — Candidate case for simplified procedureText with EEA relevance

OB C 202, 10.8.2004, p. 16–16 (ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, NL, PL, PT, SK, SL, FI, SV)

10.8.2004   

EN

Official Journal of the European Union

C 202/16


Prior notification of a concentration

(Case No COMP/M.3501 — SEB Trygg Liv Holding/Codan Pension)

Candidate case for simplified procedure

(2004/C 202/07)

(Text with EEA relevance)

1.

On 2 August 2004, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertaking SEB Trygg Liv Holding AB, belonging to the Skandinaviska Enskilda Banken group (‘SEB Group’, Sweden), acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings Forsikringsselskabet Hafnia Liv A/S, Codan Pensionsforsikring A/S, A/S Forsikringsselskabet Codan Pension and A/S Forsikringsselskabet Codan Link (together ‘Codan Pension’, Denmark) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

for SEB Group: full-service retail and corporate banking including life and pension insurance in Sweden, Estonia and Lithuania,

for Codan Pension: life and pension insurance primarily in Denmark.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 (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. Observations can be sent to the Commission by fax (fax No +32/2/2964301 or 2967244) or by post, under reference number COMP/M. 3501 — SEB Trygg Liv Holding/Codan Pension, to the following address:

European Commission

Directorate-General for Competition,

Merger Registry

J-70

B-1049 Bruxelles/Brussel


(1)  OJ L 24, 29.1.2004, p. 1.

(2)  OJ C 217, 29.7.2000, p. 32; Council Regulation (EEC) No 4064/89 has been replaced by Council Regulation (EC) No 139/2004.


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