Merger Notification - Announcement according to § 10 Cartel Act
GlobalWafers Co., Ltd.; Siltronic AG
BWB/Z-5250
On 08.02.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
GlobalWafers Co., Ltd., Taiwan, a subsidiary of Sino-American Silicon Products Inc., Taiwan, intends to acquire all or a substantial majority (at least 50%) of the shares in and sole control over Siltronic AG, Germany, by way of a voluntary public takeover bid.
The planned transaction concerns the manufacture of electronic components and the manufacture of other 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 08.03.2021.
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 09.03.2021 .