Merger Notification - Announcement according to § 10 Cartel Act
Allianz SE; BN Infrastruktur GmbH
BWB/Z-4533
On 30.07.2019 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Allianz SE (Munich/Germany) intends to acquire 74.9% of the shares in and sole control over BN Infrastruktur GmbH (St. Pölten /Austria) and thereby indirectly also over Niederdsterreichische Glasfaserinfrastrukturgesellschaft mbH (St. Pölten /Austria). The transaction concerns the development, the construction and the passive operation of a glass fibre grid in Lower Austria.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren J - Information und Kommunikation, M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.08.2019.
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 28.08.2019 .