Merger Notification - Announcement according to § 10 Cartel Act

Banco Santander, S.A.; Ontario Teachers' Pension Plan Board; Public Sector Pension Investment Board - BWB/Z-2507 | Bundeswettbewerbsbehörde

Banco Santander, S.A.; Ontario Teachers' Pension Plan Board; Public Sector Pension Investment Board

BWB/Z-2507

20.11.2014

On the following merger was notified at the Federal Competition Authority:

Planned purchase process

​Banco Santander, S.A., Spain will transfer almost all her assets in the area of renewable energy and the water infrastructure on a new  founded society. 33.33% of the shares will acquire Ontario Teachers' pension Plan Board, Canada, and public 'Sector pension Investment Board, Canada, then indirectly in each case in this society. The merger concerns renewable energy and water infrastructure.

Industry sector: S - Erbringung von sonstigen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.12.2014.

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 18.12.2014 .

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