Merger Notification - Announcement according to § 10 Cartel Act
Deutsche Telekom AG; Deutsche Telekom Capital Partners Management GmbH; Porsche Group; Digital Transformation Capital Partners Luxembourg S.à r.l.
BWB/Z-6466
On 02.01.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Deutsche Telekom AG and Porsche Automobil Holding SE intend to establish a venture capital fund, including the associated advisory team.
Against this background, Porsche Automobil Holding SE shall indirectly via Porsche Vierte Beteiligung GmbH acquire 49% of the shares in a company with the prospective name InCharge Capital Partners that will subsequently serve as advisor to the venture-capital-fund and more than 50% of the shares in the venture capital fund.
C - MANUFACTURING G - WHOLESALE AND RETAIL TRADE
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.01.2024.
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 31.01.2024 .