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Case No COMP/M.5896 - CREDIT SUISSE/ BARCLAYS/ IONBOND GROUP

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REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 30/07/2010

In electronic form on the EUR-Lex website under document number 32010M5896

Office for Publications of the European Union L-2985 Luxembourg

EUROPEAN COMMISSION

Brussels, 30.07.2010 SG-Greffe(2010) D/11891, 11892 C(2010) 5436

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To the notifying parties:

Dear Madam(s) and/or Sir(s),

Subject: Case No COMP/M.5896 – CREDIT SUISSE/ BARCLAYS/ IONBOND GROUP Notification of 28.06.2010 pursuant to Article 4 of Council Regulation (EC) No 139/2004 Publication in the Official Journal of the European Union No C 178, 03.07.2010, p.11

1.On 28 June 2010, the European Commission received a notification of a proposed

concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings Barclays Plc ("Barclays", United Kingdom) and Credit Suisse Group AG ("Credit Suisse", Switzerland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of the undertaking SSCP Coatings SARL ("Ionbond Group", Switzerland) by way of purchase of shares.

1OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market". The terminology of the TFEU will be used throughout this decision.

2OJ L 24, 29.1.2004, p. 1 (the "Merger Regulation")

Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.

The business activities of the undertakings concerned are:

-- for Barclays: global financial services providing, retail and commercial banking, credit cards, investment banking, wealth management and investment management services;

-- for Credit Suisse: global financial services providing, retail and commercial banking, wealth management, investment banking and asset management;

-- for Ionbond Group: surface treatment of mainly metal parts with the aim of improving certain of their properties, such as controlling the friction and wear of a component, improving resistance against corrosion, changing its physical properties etc.

3.After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain

concentrations under Council Regulation (EC) No 139/2004.

For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation.

For the European Commission, (signed) Alexander ITALIANER Director General

3OJ C 56, 5.3.2005, p. 32.

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