Merger Notification - Announcement according to § 10 Cartel Act
KBB - Kultur-Betriebe Burgenland; PIEDRA Oper und Konzert Privatstiftung; SBS Opernbetrieb Burgenland GmbH
BWB/Z-6808
On 20.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Establishment of SBS Opernbetrieb Burgenland GmbH by KBB - Kultur-Betriebe Burgenland GmbH (FN 460423 v) and PIEDRA Oper und Konzert Privatstiftung (FN 444055 y). PIEDRA Oper und Konzert Privatstiftung and KBB – Kultur-Betriebe
Burgenland GmbH will each hold 50% of the shares of SBS Opernbetrieb Burgenland GmbH.
R - HUMAN HEALTH AND SOCIAL WORK ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.01.2025.
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 18.01.2025 .