Merger Notification - Announcement according to § 10 Cartel Act

Centerbridge Partners, L.P.; Speedcast International Ltd. - BWB/Z-5153 | Bundeswettbewerbsbehörde

Centerbridge Partners, L.P.; Speedcast International Ltd.

BWB/Z-5153

17.12.2020

On 16.12.2020 the following merger was notified at the Federal Competition Authority:

Planned purchase process

Affiliates of Centerbridge Partners, L.P. (USA) intends to indirectly acquire all the shares in and sole control over Successor Entity of Speedcast International Limited (Australia).

The concentration concerns the market for satellite communication services.

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.01.2021.

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 14.01.2021 .

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