Merger Notification - Announcement according to § 10 Cartel Act
AIG Capital Corporation; Convex Group Limited; Onex Corporation
BWB/Z-7157
On 27.11.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
AIG Capital Corporation, USA, intends to acquire 35 % of the shares and voting rights in Convex Group Limited, Bermuda.
Economic Sector: Non-life insurance and reinsurance.
L - FINANCIAL AND INSURANCE ACTIVITIES L 65 - Insurance, reinsurance and pension funding, except compulsory social security, L 65.1 - Insurance, L 65.12 - Non-life insurance, L 65.2 - Reinsurance, L 65.20 - Reinsurance
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.12.2025.
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.