Merger Notification - Announcement according to § 10 Cartel Act
Agri Europe Cyprus Limited; Addiko Bank AG
BWB/Z-6534
On 25.03.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Mr Miodrag Kostić intends (indirectly through Agri Europe Cyprus Limited, Cyprus) to increase his existing (indirect) shareholding to up to 26.991% of the share capital in Addiko Bank AG (Austria).
The following Austrian NACE code is concerned: Financial service activities.
K - TELECOMMUNICATION, COMPUTER PROGRAMMING, CONSULTING, COMPUTING INFRASTRUCTURE AND OTHER INFORMATION SERVICE ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.04.2024.
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 23.04.2024 .