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Merger Notification - Announcement according to § 10 Cartel Act

Tara Topco Limited; ASSEPRO Österreich GmbH; Seipt & Partner Versicherungsmakler GmbH - BWB/Z-6758 | Bundeswettbewerbsbehörde

Tara Topco Limited; ASSEPRO Österreich GmbH; Seipt & Partner Versicherungsmakler GmbH

BWB/Z-6758

31.10.2024

On 31.10.2024 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Tara Topco Limited, Cayman, via the indirectly solely controlled entity ASSEPRO Österreich GmbH, Austria, intends to acquire the entire share (100%) in Seipt & Partner Versicherungsmakler GmbH, Austria.
Economic Sector: Activities of insurance agents and brokers.

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 28.11.2024.

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 29.11.2024 .

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