Merger Notification - Announcement according to § 10 Cartel Act
FremantleMedia Group Ltd; Lux Vide Finanziaria per iniziative audiovisive e telematiche S.p.A.
BWB/Z-5857
On 31.01.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Quarto Piano S.r.l., Italy, a wholly owned affiliate of FremantleMedia Group Ltd, UK, which is part of the Bertelsmann Group, Germany, intends to acquire a 70% stake in and sole control over Lux Vide Finanziaria per iniziative audiovisive e telematiche S.p.A., Italy.
The remaining 30% stake in Lux Vide Finanziaria per iniziative audiovisive e telematiche S.p.A. will continue to be held by R.M.L. Comunicazione S.r.l., Italy.
Field of business concerned: Motion picture, video and television programme production activities
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.02.2022.
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 01.03.2022 .