Commission Decision of 27/04/2005 declaring a concentration to be compatible with the common market (Case No IV/M.3780 - ABN AMRO/BANCA ANTONVENETA) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) | |Brussels, 27.04.2005 SG-Greffe(2005) D/201964 To the notifying parties Dear Sirs, Subject : Case No. COMP/M.3780 – ABN AMRO/Banca Antonveneta Notification of 30.03.2005 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 [1] Publication in the Official Journal of the European Union No. C 84, 06.04.2005, page 2. 1. On 30.03.2005 , the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No.
139/2004 by which ABN AMRO Bank N.V. (“ABN AMRO”, the Netherlands) controlled by ABN AMRO Holding N.V. (“ABN Holding”, the Netherlands) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of Banca Antoniana Popolare Veneta S.p.A. (“Banca Antonveneta”, Italy) by way of public bid announced on 30.03.2005. 2. The business activities of the undertakings concerned are: - for ABN AMRO: provision of financial services. - for Banca Antonveneta: provision of banking and insurance services mainly in Italy 3. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No.
139/2004 and of paragraph 5, subparagraph c of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No. 139/2004[2]. 4. 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 (EC) No. 139/2004. For the Commission signed Neelie KROES Member of the Commission [1] OJ L 24, 29.1.2004 p. 1 [2] OJ C 56, 05.3.2005 p.32 MERGER PROCEDURE ARTICLE 6(1)(b) DECISION SIMPLIFIED PROCEDURE PUBLIC VERSION