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REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 20/04/2007

In electronic form on the EUR-Lex website under document number 32007M4619

Office for Official Publications of the European Communities L-2985 Luxembourg

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 20/04/2007

SG-Greffe(2007) D/202395

PUBLIC VERSION

MERGER PROCEDURE ARTICLE 6(1)(b) DECISION

SIMPLIFIED PROCEDURE

To the notifying party:

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

Subject: Case No. COMP/M.4619 ñ SCOR/Converium Notification of 13.03.07 pursuant to Article 4 of Council Regulation (EC) No. 139/2004 Publication in the Official Journal of the European Union No. C 67, 23.03.07, p.14

1.On 13 March 2007, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking SCOR S.A. ("SCOR", France) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertaking Converium Holding AG ("Converium", Switzerland) by way of public bid pre-announced on 26 February 2007.

The business activities of the undertakings concerned are :

-- for undertaking SCOR : reinsurance company;

-- for undertaking Converium : reinsurance company

1OJ L 24, 29.1.2004 p. 1

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

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.

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 Lowri EVANS Deputy Director General Philip LOWE Director General

2OJ C 56, 05.3.2005 p.32

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