COMMISSION DECISION of 19/03/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2364 - DEUTSCHE BANK/BANQUE WORMS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 321 , 16/11/2001 P. 0011 - 0011 COMMISSION DECISION of 19/03/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2364 - DEUTSCHE BANK/BANQUE WORMS) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 19.03.2001 SG(2001) D/286910 To the notifying parties Dear Sirs, Subject:
Case No. COMP/M. 2364 - DEUTSCHE BANK / BANQUE WORMS Notification of 16/02/2001 pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 [1] [1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17. Publication in the Official Journal of the European Communities No. C 66 of 1 March 2001, page 4 1. On 16/02/2001, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which Deutsche Bank acquires within the meaning of Article 3(1)(b) of the Council Regulation control of parts of Banque Worms (France) by way of purchase of shares.
2. The business activities of the undertakings concerned are : - Deutsche Bank : banking - Banque Worms : banking 3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4, subparagraph c, of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2]. [2] OJ C 217, 29.07.2000, p. 32. 4. To the extent that restrictions specified by the parties are directly related and necessary to the implementation of the concentration, these restrictions are covered pursuant to Article 6(1)(b), second subparagraph, of Council Regulation (EEC) No.
4064/89. 5. For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EEC) No. 4064/89. For the Commission, Mario MONTI Member of the Commission