Merger Notification - Announcement according to § 10 Cartel Act
Art-Invest Real Estate Funds GmbH; Versorgungswerk der Rechtsanwälte im Lande Nordrhein-Westfalen
BWB/Z-6164
On 23.12.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Art-Invest Real Estate Funds GmbH, Germany, intends to acquire more than 50% of the shares in and sole control over S & P Erdberger Lände 36-48 Immobilienentwicklungs
GmbH & Co OG, acting for the account of a special fund indirectly held by Versorgungswerk der Rechtsanwälte im Lande Nordrhein-Westfalen, Germany.
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.01.2023.
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 21.01.2023 .