Merger Notification - Announcement according to § 10 Cartel Act
PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft; PwC Business Services sp. z o.o.; PwC Advisory spółka z ograniczoną odpowiedzialnością sp.k
BWB/Z-6595
On 28.05.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft intends to acquire directly 50% of its shares and voting rights and joint control over PwC Business Services sp z o.o. (Poland).
The proposed concentration concerns the provision of managed services within the scope of consulting services.
ÖNACE Code: 69.2, 70
N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.06.2024.
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 26.06.2024 .