Merger Notification - Announcement according to § 10 Cartel Act
Francisco Partners Management L.P.; H.I.G. Capital LLC; Gimli Holding Parent Corporation
BWB/Z-6336
On 01.08.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The concentration consists of the indirect acquisition of sole control over Gimli Holding Parent Corporation (USA), the parent company of RBmedia (USA), by investment funds affiliated with H.I.G. Capital LLC (USA) and the indirect acquisition of shares of more than 25% in Gimli Holding Parent Corporation (USA) by investment funds advised by Francisco Partners Management L.P. (USA).
ÖNACE Code: C 58.11-0 - Book publishing.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.08.2023.
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 30.08.2023 .