Merger Notification - Announcement according to § 10 Cartel Act
Papilio Bidco Limited; JTC PLC
BWB/Z-7158
On 28.11.2025 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Papilio Bidco Limited (Jersey) intends to acquire the entire share capital of JTC PLC (Jersey).
Economic Sector: Fund management activities; Business and other management consultancy activities
L - FINANCIAL AND INSURANCE ACTIVITIES L 66 - Activities auxiliary to financial services and insurance activities, L 66.3 - Fund management activities, L 66.30 - Fund management activities, N - PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES, N 70 - Activities of head offices and management consultancy, N 70.2 - Business and other management consultancy activities, N 70.20 - Business and other management consultancy activities
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.
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 30.12.2025 .