Official Journal of the European Union

C 244/23

Prior notification of a concentration

(Case COMP/M.4391 — Deutsche Bank/AIG/Pokrovsky Hills)

Candidate case for simplified procedure

(2006/C 244/08)

(Text with EEA relevance)


On 3 October 2006, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Deutsche Bank AG (‘Deutsche Bank’, Germany) and American International Group L.P. (‘AIG’, USA) acquire within the meaning of Article 3(1)(b) of the Council Regulation joint control of the undertakings Pokrovsky Hills Holding Company I Ltd, Pokrovsky Hills Holding Company II Ltd and Pokrovsky Hills Holding Company III Ltd (‘Pokrovsky Hills I, II, III’, Cayman Islands) by way of purchase of shares in a newly created company, Pokrovsky Hills JV Ltd, constituting a joint venture.


The business activities of the undertakings concerned are:

for undertaking Deutsche Bank: corporation active in deposit and lending operations, issuing business, asset management, investment banking and financial services;

for undertaking AIG: a company providing insurance and financial services;

for undertaking Pokrovsky Hills I, II, III: owner of a residential property complex, Pokrovsky Hills, located in Moscow.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of Regulation (EC) No 139/2004. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (fax (32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.4391 — Deutsche Bank/AIG/Pokrovsky Hills, to the following address:

European Commission

Directorate-General for Competition

Merger Registry


B-1049 Bruxelles/Brussel

(1)  OJ L 24, 29.1.2004, p. 1.

(2)  OJ C 56, 5.3.2005, p. 32.