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Document C2008/041/09

Prior notification of a concentration (Case COMP/M.5031 — ACE/CICA) Text with EEA relevance

IO C 41, 15.2.2008, p. 20–20 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

15.2.2008   

EN

Official Journal of the European Union

C 41/20


Prior notification of a concentration

(Case COMP/M.5031 — ACE/CICA)

(Text with EEA relevance)

(2008/C 41/09)

1.

On 8 February 2008, 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 ACE Limited (‘ACE’, Cayman Islands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Combined Insurance Company of America (‘CICA’, USA) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

for undertaking ACE: a global property and casualty insurance and reinsurance organization serving commercial and individual customers,

for undertaking CICA: a provider of life insurance, accident and health insurance products primarily to individuals in the US, EU, Canada and Asia Pacific.

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.

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 ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.5031 — ACE/CICA, 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.


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