Merger Notification - Announcement according to § 10 Cartel Act
S IMMO AG; CEE Immobilien GmbH; IMMOFINANZ AG
BWB/Z-5833
On 30.12.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
S IMMO AG, FN 58358x ("S IMMO"), intends to increase its current shareholding of 14.2%, through its indirect subsidiary CEE Immobilien GmbH, FN 217290w ("CEE Immobilien" or "Bidder"), to an amount of more than 25% of the share capital in IMMOFINANZ AG, FN 114425y ("IMMOFINANZ" or "Target company") by way of on and off-exchange acquisitions of shares.
Field of activity: sale and rental of real estate
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.01.2022.
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 28.01.2022 .