Merger Notification - Announcement according to § 10 Cartel Act

BNP Paribas Securities Services SCA; DWS Beteiligungs GmbH - BWB/Z-4154 | Bundeswettbewerbsbehörde

BNP Paribas Securities Services SCA; DWS Beteiligungs GmbH



On 22.10.2018 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

BNP Paribas Securities Services SCA (Pantin / France) intends to acquire certain assets from DWS Beteiligungs GmbH (Frankfurt am Main / Germany), a subsidiary of Deutsche Bank AG, to perform in-house services, in particular asset fund administration services. The planned concentration concerns banking related in-house services.

Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.11.2018.

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 20.11.2018 .

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