Merger Notification - Announcement according to § 10 Cartel Act
Groupe Canal+ SA; MultiChoice Group Limited
BWB/Z-6675
On 08.08.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Groupe Canal+ S.A. (France) intends to acquire up to 100% of the issued ordinary shares of MultiChoice Group Limited (South Africa) and its subsidiaries (including Irdeto B.V.).
The concentration concerns conditional access systems.
Affected industry: Television programming and broadcasting activities.
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.09.2024.
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 06.09.2024 .