EN

Case No COMP/M.5684 - BNP PARIBAS ASSURANCE/ FORTIS INSURANCE INTERNATIONAL/ UBI ASSICURAZIONI

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 04/12/2009

In electronic form on the EUR-Lex website under document number 32009M5684

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

EUROPEAN COMMISSION

Brussels, 04/12/2009 SG-Greffe(2009) D/10954/10955 C(2009) 9928

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.5684 - BNP PARIBAS ASSURANCE/ FORTIS INSURANCE INTERNATIONAL/ UBI ASSICURAZIONI Notification of 04/11/2009 pursuant to Article 4 of Council Regulation (EC) No 139/2004 Publication in the Official Journal of the European Union No C 272, 13/11/2009, p.11.

1.On 04/11/2009, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Fortis Insurance International N.V., controlled by Fortis SA/NV and Fortis NV, (“Fortis Insurance”, the Netherlands/Belgium) and BNP Paribas Assurance, part of the BNP Paribas group, controlled by BNP Paribas SA (“BNP Paribas group”, France) will acquire joint control over UBI Assicurazioni S.p.A. (“UBI Assicurazioni”, Italy) by way of purchase of shares.

The business activities of the undertakings concerned are:

-- for the BNP Paribas group: banking and insurance activities;

-- for the Fortis Insurance: financial and insurance activities; and

-- for UBI Assicurazioni: non-life insurance activities in Italy.

2.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

1OJ L 24, 29.1.2004, p. 1.

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

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) Philip LOWE Director General

2OJ C 56, 05.3.2005, p. 32.

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