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Document C2016/167/12

    Prior notification of a concentration (Case M.8028 — Fairfax Financial Holdings/OPG Commercial Holdings/Eurolife ERB Insurance Group Holding) — Candidate case for simplified procedure (Text with EEA relevance)

    OJ C 167, 11.5.2016, p. 20–20 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    11.5.2016   

    EN

    Official Journal of the European Union

    C 167/20


    Prior notification of a concentration

    (Case M.8028 — Fairfax Financial Holdings/OPG Commercial Holdings/Eurolife ERB Insurance Group Holding)

    Candidate case for simplified procedure

    (Text with EEA relevance)

    (2016/C 167/12)

    1.

    On 29 April 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Fairfax Financial Holdings Limited (‘Fairfax’, Canada) and OPG Commercial Holdings SARL (‘OPG’), belonging to the OMERS Group (‘OMERS’, Canada), acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Eurolife ERB Insurance Group Holdings SA (Greece) by way of purchase of shares.

    2.

    The business activities of the undertakings concerned are:

    —   for Fairfax: through its subsidiaries, it is engaged in property and casualty insurance, as well as reinsurance and investment management. Fairfax is listed on the Toronto Stock Exchange,

    —   for OPG: is a Luxembourg-incorporated holding company part of Ontario Municipal Employees Retirement System Primary Pension Plan (OMERS),

    —   for Eurolife: through its subsidiaries, it is engaged in life, non-life insurance, reinsurance and insurance distribution in Greece and Romania.

    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 this 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 (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.8028 — Fairfax Financial Holdings/OPG Commercial Holdings/Eurolife ERB Insurance Group Holding, to the following address:

    European Commission

    Directorate-General for Competition

    Merger Registry

    1049 Bruxelles/Brussel

    BELGIQUE/BELGIË


    (1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

    (2)  OJ C 366, 14.12.2013, p. 5.


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