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.

M.9380 - Bâloise/Fidea

SECTION 1.2

Description of the concentration

1.1. The proposed concentration concerns the acquisition of sole control by Bâloise (Luxembourg) Holding S.A., subsidiary of Bâloise Holding AG, the ultimate parent company of the Swiss Bâloise Group (Bâloise), of the entire share capital of Fidea NV (Fidea), an indirectly controlled subsidiary of Anbang Insurance Group Company Limited (Anbang) (the Proposed Transaction).

2.2. The Proposed Transaction will occur through the acquisition by Bâloise of the entire share capital of Fidea from Anbang, pursuant to the Share Purchase Agreement by and among Bâloise and Anbang, dated as of 12 April 2019. The proposed concentration will ultimately be effected through a share transfer from Anbang to Bâloise.

3.3. Bâloise is a publicly listed European provider of prevention, pension, assistance and insurance solutions. Fidea provides life and non-life insurance in Belgium.

4.4. The Proposed Transaction concerns the life and non-life insurance sectors in Belgium.

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.