Merger Notification - Announcement according to § 10 Cartel Act

Volksbank Wien-Baden AG; Gärtnerbank, reg.Gen.m.b.H. - BWB/Z-2385 | Bundeswettbewerbsbehörde

Volksbank Wien-Baden AG; Gärtnerbank, reg.Gen.m.b.H.



On the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

​The object of the announced union is the transference of the enterprise of the Gärtnerbank, reg.Gen.m.b.H. by bringing into play according to §92 BWG in the Volksbank Wien-Baden AG against the issue of new shares by this in the way of an increase of capital. The union plan concerns the area of Financial services.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.08.2014.

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 20.08.2014 .

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