Merger Notification - Announcement according to § 10 Cartel Act
NH Hoteles Austria GmbH; Palais Hansen Immobilienentwicklung GmbH
BWB/Z-6477
On 15.01.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
NH Hoteles Austria, Vienna, plans to acquire sole control over the operations of the hotel infrastructure in the Palais Hansen, Vienna by means of a long-term lease agreement.
I - ACCOMMODATION AND FOOD SERVICE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.02.2024.
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 13.02.2024 .