Merger Notification - Announcement according to § 10 Cartel Act

TPG Asia GenPar VII, L.P.; Fractal Analytics Private Limited - BWB/Z-5878 | Bundeswettbewerbsbehörde

TPG Asia GenPar VII, L.P.; Fractal Analytics Private Limited

BWB/Z-5878

21.02.2022

On 18.02.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

TPG Asia GenPar VII, L.P. (Singapore) intends to acquire a non-controlling shareholding of >25% in Fractal Analytics Private Limited (India).  
The Transaction concerns IT consultancy services including data and analytics services 

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.03.2022.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 19.03.2022 .

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