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Document C2010/321/04

Prior notification of a concentration (Case COMP/M.6015 — Banco Santander/Bank Zachodni WBK/BZWBK AIB Asset Management) — Candidate case for simplified procedure Text with EEA relevance

SL C 321, 26.11.2010, p. 8–9 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

26.11.2010   

EN

Official Journal of the European Union

C 321/8


Prior notification of a concentration

(Case COMP/M.6015 — Banco Santander/Bank Zachodni WBK/BZWBK AIB Asset Management)

Candidate case for simplified procedure

(Text with EEA relevance)

2010/C 321/04

1.

On 17 November 2010, 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 Banco Santander SA (‘Santander’, Spain) acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of Bank Zachodni WBK SA (‘BZWBK’, Poland) by way of public bid announced on 10 September 2010 and of BZWBK AIB Asset Management SA (‘BZWBK Asset Management’, Poland), by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

for Santander: international group of banking and financial companies, active in retail banking, asset management, corporate and investment banking, treasury and insurance, operating internationally,

for BZWBK: bank which provides a full range of services for households, SMEs and large companies, in banking, brokerage services, mutual funds, insurance, leasing and factoring products in Poland,

for BZWBK Asset Management : Subsidiary of BZWBK, offering asset management services in Poland.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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 (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6015 — Banco Santander/Bank Zachodni WBK/BZWBK AIB Asset Management, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË


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

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).


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