Merger Notification - Announcement according to § 10 Cartel Act
ILF Consulting Engineers GmbH; Oesterreichische Entwicklungsbank AG
On 27.07.2017 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified intended concentration concerns the establishment of a joint venture by ILF Consulting Engineers GmbH (Rum, Austria) and Oesterreichische Entwicklungsbank AG (Vienna, Austria). Oesterreichische Entwicklungsbank AG and ILF Consulting Engineers GmbH will each acquire 50 % of the shares in the newly established company. The intended concentration concerns renewable energy projects.
Industry sector: D - Energieversorgung
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.08.2017.
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 25.08.2017 .