Merger Notification - Announcement according to § 10 Cartel Act
Oaktree Capital Holdings, LLC; Great American Holdings, LLC
BWB/Z-6741
On 14.10.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Oaktree Capital Holdings, LLC (formerly Atlas OCM Holdings LLC) intends to indirectly acquire a majority stake of more than 50% in and sole control over Great American Holdings, LLC, to which, prior to the Closing of the Proposed Transaction, B. Riley Financial, Inc. shall contribute certain businesses and entities (Great American Group), all United States. B. Riley Financial Inc. will retain a shareholding of less than 50% in Great American Group.
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 11.11.2024.
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 12.11.2024 .