Merger Notification - Announcement according to § 10 Cartel Act

American Securities LLC; Hexion Holdings Corporation - BWB/Z-5838 | Bundeswettbewerbsbehörde

American Securities LLC; Hexion Holdings Corporation

BWB/Z-5838

10.01.2022

On 10.01.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Affiliated funds managed by American Securities LLC, United States ( "American Securities"), intend to indirectly acquire one hundred percent (100%) of the issued and outstanding shares of capital stock of, and thereby sole control over, Hexion Holdings Corporation, United States. 
Economic Sector: Manufacture of other inorganic basic chem icals

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.02.2022.

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 08.02.2022 .

back to list