Merger Notification - Announcement according to § 10 Cartel Act
RAIFFEISEN-HOLDING NIEDERÖSTERREICH-WIEN reg.Gen.m.b.H; hektar Media GmbH; Karl Royer GmbH; Gamma Film GmbH
BWB/Z-6565
On 30.04.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
RAIFFEISEN-HOLDING NIEDERÖSTERREICH-WIEN registrierte Genossenschaft mit beschränkter Haftung, intends to indirectly acquire 25.1% of the shares in and joint control over hektar Media GmbH. In the course of this transaction, RAIFFEISEN-HOLDING NIEDERÖS- TERREICH-WIEN registrierte Genossenschaft mit beschränkter Haftung, Gamma Film GmbH
and Karl Royer GmbH will acquire joint control of the future joint venture, hektar Media GmbH.
The ÖNACE code of the business line concerned is: Advertising agencies.
N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.05.2024.
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 29.05.2024 .