Merger Notification - Announcement according to § 10 Cartel Act
Accor S.A.; 25hours Hotel Company Deutschland
On 24.11.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Acquisition of further 50 % shares of 25 hours Hotel Company GmbH, Germany, by Accor S.A., France, resulting in a 100 % shareholding.
Activity concerned: I 55.10-1 Accommodation and food service activity - hotels
Industry sector: I - Gastgewerbe/Beherbergung und Gastronomie
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.12.2020.
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 23.12.2020 .