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

The transaction consists in the acquisition by EVO of a majority stake in eService from

PKO and PKO retaining certain approval rights resulting in a joint control by EVO and

The capital group to which EVO belongs, offers electronic transaction payment processing

and related services to companies of all sizes, providing access to the technical

infrastructure and capabilities which enable businesses to accept card-based and other

electronic payments.

PKO and its subsidiaries offer a comprehensive range of banking and financial services

including retail banking, corporate banking, banking for state and regional administration

institutions, investment banking services, brokerage services, leasing, factoring,

investment funds, pension funds and housing development services.

eService’s core business is processing of card payments made at POS (Point of Sale)

terminals or through the Internet. eService is also active in prepaid mobile phone top-up

services via POS terminals and provides cash withdrawal services.