Merger Notification - Announcement according to § 10 Cartel Act
London Stock Exchange Group plc.; Refinitv; The Blackstone Group Inc.
BWB/Z-5154
On 17.12.2020 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
London Stock Exchange Group plc intends to acquire the entire share capital of and sole control over Refinitiv Parent Limited. In consideration for the acquisition of the share capital of and sole control over Refinitiv Parent Limited, The Blackstone Group Inc. will indirectly acquire a non-controlling interest and approx. 29% of the total voting rights in London Stock Exchange Group plc.
Economic sector: Financial market infrastructure.
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.01.2021.
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 15.01.2021 .