Merger Notification - Announcement according to § 10 Cartel Act
AEA Management UGP LLC; Red Global Limited
BWB/Z-6056
On 25.08.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
AEA Management UGP LLC (United States) intends to indirectly acquire 92.05% of the shares and voting rights and thereby sole control over Red Global Limited (United Kingdom). The concentration concerns the provision of recruitment services.
Industry sector: N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.09.2022.
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 23.09.2022 .