Merger Notification - Announcement according to § 10 Cartel Act
Apollo Capital Management, L.P.; Barclay PLC; Cross Ocean Adviser LLP; Solidus Solutions Holding B.V
BWB/Z-6785
On 28.11.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Apollo Capital Management L.P., USA, Barclays PLC, United Kingdom, and Cross Ocean Adviser LLP, United Kingdom, each intend to indirectly obtain a non-controlling shareholding of more than 25 % but less than 50 % in Solidus Solutions Holdingn B.V., the Netherlands.
Economic Sector: Manufacture of paper and paperboard.
C - MANUFACTURING
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.12.2024.
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 28.12.2024 .