Merger Notification - Announcement according to § 10 Cartel Act
UBM Development Österreich GmbH; Wohnanlage Karlauerstraße 27 GmbH
BWB/Z-4442
On 23.05.2019 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
UBM Development Osterreich GmbH (Vienna /Austria) intends to acquire more than 50% of the shares in Wohnanlage Karlauerstraße 27 GmbH (Graz /Austria). The intended concentration concerns real estate.
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 21.06.2019.
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 22.06.2019 .