Merger Notification - Announcement according to § 10 Cartel Act

Deutsche Börse AG; Institutional Shareholders Services, Inc. - BWB/Z-5123 | Bundeswettbewerbsbehörde

Deutsche Börse AG; Institutional Shareholders Services, Inc.



On 30.11.2020 the following merger was notified at the Federal Competition Authority:

Planned purchase process

Deutsche Börse AG, Germany, intends to indirectly acquire ca 80 % of the shares in and sole control over Institutional Shareholder Services, Inc., USA.

Economic Sector: K 66.19 | Other activities auxiliary to financial services, except insurance and pension funding

Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.12.2020.

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 29.12.2020 .

back to list