C_2021453EN.01000501.xml

Prior notification of a concentration

(Case M.10447 – NN / METLIFE GREECE / METLIFE POLAND)

(Text with EEA relevance)

(2021/C 453/04)

On 29 October 2021, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—	NN Group N.V. (‘NN’, the Netherlands),

—	MetLife Life Insurance S.A. (‘MetLife Greece’, Greece),

—	MetLife Towarzystwo Ubezpieczeń na Życie i Reasekuracji S.A. (‘MetLife Poland’, Poland).

NN acquires within the meaning of Article 3(1)(b) of the Merger Regulation control of the whole of MetLife Greece and of MetLife Poland.

The concentration is accomplished by way of purchase of shares.

The business activities of the undertakings concerned are:

—

NN: a financial services company listed on the Euronext Amsterdam with a presence in 20 countries, including several European countries and Japan. NN offers retirement services, pensions, insurance, investments, and banking services. NN is inter alia active in Poland, in life insurance (including pensions) and asset management, and in Greece, in the life and health insurance (including pensions),

—	MetLife Greece: provision of life and health insurance (including pensions) in Greece,

—	MetLife Poland: provision of life insurance (including pensions) and asset management in Poland.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

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. The following reference should always be specified:

M.10447 – NN / METLIFE GREECE / METLIFE POLAND

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).