Merger Notification - Announcement according to § 10 Cartel Act
Altor Fund Manager AB; XXL ASA
On 13.03.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Altor Fund Manager AB, Sweden, intends to indirectly increase its shareholding in XXL ASA to above 25%.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.04.2023.
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 waived their right to apply for examination of the merger by the Cartel Court before the deadline. The standstill obligation (§ 17(1) Cartel Act) ends with effect from 28.03.2023 .