Merger Notification - Announcement according to § 10 Cartel Act
RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG; Raiffeisen Bank International AG
BWB/Z-6381
On 19.09.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
RAIFFEISENLANDESBANK NIEDERÖSTERREICH-WIEN AG currently holds 24.46% of the shares in Raiffeisen Bank International AG. By board resolutions dated 22 August 2023/31 August 2023, it was resolved to purchase additional shares to achieve a non-controlling interest of more than 25% in Raiffeisen Bank International AG.
The planned transaction relates to the acquisition of shares in Raiffeisen Bank International AG, as a result of which a non-controlling interest of more than 25% in Raiffeisen Bank International AG will be achieved.
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.10.2023.
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 18.10.2023 .