Merger Notification - Announcement according to § 10 Cartel Act
Huntsmann International LLC; Huntsman Corporation; GPP Acquisition, LLC
On 15.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
Huntsman Corporation intends to indirectly acquire 100% of the shares in and sole control over GPP Acquisition, LLC, both USA.
Economic Sector: Manufacture of chemical products.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.01.2021.
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 13.01.2021 .