EC calls for possible observations on OP Trust, Deutsche Bank London, Lloyds TSB Bank, BNP Paribas and Porterbrook Leasing concentration
The Official Journal of the European Union published on its C Series on January, 13th, 2009, a prior notification of concentration between the companies OP Trust, Deutsche Bank London, Lloyds TSB Bank, BNP Paribas and Porterbrook Leasing. Interested third parties are invited to submit their possible observations by January 24th.
On December, 23rd 2008, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertakings OPSEU Pension Plan Trust Fund (‘OP Trust’, Canada), Deutsche Bank AG (‘DB’, Germany), Lloyds TSB Bank plc (‘Lloyds’, United Kingdom) and Antin Infrastructure Partners FCPR (‘AIP’, United Kingdom), an investment fund sponsored by BNP Paribas SA (‘BNP’, France) acquire joint control of the undertaking Porterbrook Leasing Company Limited and subsidiaries (‘Porterbrook’, United Kingdom), currently jointly controlled by DB, Lloyds and AIP, by way of purchase of shares.
Main activities of the companies involved in the concentration procedure
- OP Trust: administering one of the Canada's largest pension plans.
- Deutsche Bank AG: global provider of financial services.
- Lloyds TSB Bank: financial services group providing banking and financial services in the UK and overseas.
- Antin Infrastructure Partners FCPR (AIP): investment fund sponsored by BNP.
- BNP Paribas: provider of banking and financial services in France and abroad.
- Porterbrook: supply of operating leases of all types of railway rolling stock and associated equipment to British passenger train operating companies and freight companies, including rolling stock maintenance services.
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 publication of prior notification (Januery, 13th 2009), and should be sent to the Commission by fax ((32-2) 296 43 01 or 296 72 44) or by post, under reference number COMP/M.5439 — OP Trust/Deutsche Bank London/Lloyds TSB Bank/BNP Paribas/Porterbrook Leasing, to the following address:
European Commission
Directorate-General for Competition
Merger Registry
J-70
B-1049 Brussels