Merger Notification - Announcement according to § 10 Cartel Act

Ardian France S.A.;SAE (UK) Holdings Limited; SAE Technology Group Holdings B.V. - BWB/Z-5881 | Bundeswettbewerbsbehörde

Ardian France S.A.;SAE (UK) Holdings Limited; SAE Technology Group Holdings B.V.

BWB/Z-5881

22.02.2022

On 21.02.2022 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Ardian France S.A. (Paris / France) intends to indirectly acquire, through the controlled portfolio company ADE Holding SAS (Paris / France), all the shares in and sole control over SAE (UK) Holdings Limited (London / UK) and SAE Technology Group Holdings B.V. (Amsterdam / The Netherlands), thereby acquiring SAE Institute's European operations. The proposed concentration concerns higher education.

Industry sector: P - Erziehung und Unterricht

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 21.03.2022.

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 22.03.2022 .

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