Merger Notification - Announcement according to § 10 Cartel Act
Warburg Pincus LLC; blau direkt Gruppe
BWB/Z-6005
On 04.07.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Funds managed by Warburg Pincus LLC, USA, intend to indirectly acquire more than 50% of the shares in and sole control over blau direkt Group, Germany.”
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 01.08.2022.
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 02.08.2022 .