Merger Notification - Announcement according to § 10 Cartel Act
Renesas Electronics Corporation; Wolfspeed, Inc.
BWB/Z-6989
On 27.06.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Renesas Electronics Corporation (Japan) intends to acquire a non-controlling minority shareholding above 25% and below 50% in Wolfspeed, Inc. (USA).
ÖNACE Code: Manufacture of other electrical equipment.
C - MANUFACTURING C 27 - Manufacture of electrical equipment, C 27.9 - Manufacture of other electrical equipment, C 27.90 - Manufacture of other electrical equipment
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.07.2025.
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 26.07.2025 .