Merger Notification - Announcement according to § 10 Cartel Act
PREMIUM Immobilien AG; ARE Austrian Real Estate Development GmbH
On the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
PREMIUM Bauträger GmbH intends the acquisition of 50% of the limited partner's share of Nussdorferstrasse 90-92 Projektentwicklung & Co KG beside the second limited shareholder ND Beteiligungen GmbH & Co. KG which also holds 50% of the limited partner's share, and PREMIUM Projektverwaltung GmbH intends the acquisition of 50% of the shares of the ND Beteiligungen GmbH of Nussdorferstrasse 90-92 Liegenschaftsverwertung GmbH. ND Beteiligungen GmbH is the only general partner of Nussdorferstrasse 90-92 Projektentwicklung & Co KG.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.10.2014.
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 13.10.2014 .