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THE BLACKSTONE GROUP / LUMINOR BANK
M.9135
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
SECTION 1.2
Description of the concentration
On 18 December 2018, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 involving the indirect acquisition by The Blackstone Group L.P. (Blackstone) of sole control over Luminor Bank AS (the Target).
The business activities of the undertakings concerned are:
(i) for Blackstone: asset management and financial advisory services; and
(ii) for the Target: financial services, including retail and corporate banking, in Estonia, Latvia and Lithuania.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.