This document is an excerpt from the EUR-Lex website
Document 52020M9828
Prior notification of a concentration (Case M.9828 – Blackstone/NIBC Holding) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 208/03
Prior notification of a concentration (Case M.9828 – Blackstone/NIBC Holding) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 208/03
Prior notification of a concentration (Case M.9828 – Blackstone/NIBC Holding) Candidate case for simplified procedure (Text with EEA relevance) 2020/C 208/03
PUB/2020/501
IO C 208, 22.6.2020, p. 4–4
(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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22.6.2020 |
EN |
Official Journal of the European Union |
C 208/4 |
Prior notification of a concentration
(Case M.9828 – Blackstone/NIBC Holding)
Candidate case for simplified procedure
(Text with EEA relevance)
(2020/C 208/03)
1.
On 15 June 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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The Blackstone Group Inc. (‘Blackstone’, USA), |
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NIBC Holding N.V. (‘NIBC’, Netherlands). |
Blackstone acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of NIBC. The concentration is accomplished by way of public bid and purchase of shares.
2.
The business activities of the undertakings concerned are:|
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for Blackstone: a global alternative asset manager, |
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for NIBC: a mid-sized bank which offers selected corporate and retail banking products and services predominantly in north-west Europe (including Netherlands and Germany). |
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.9828 – Blackstone/NIBC Holding
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’).