Merger Notification - Announcement according to § 10 Cartel Act

Vivaldi Holdings S.à.r.l.; VW Volleyball World SA - BWB/Z-5259 | Bundeswettbewerbsbehörde

Vivaldi Holdings S.à.r.l.; VW Volleyball World SA



On 12.02.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Vivaldi Holdings S.à.r.l., Luxembourg, which on closing of the transaction will be indirectly controlled by funds managed and/or advised by affiliates of CVC Capital Partners SICAV-FIS S.A., Luxembourg and CVC Capital Partners Advisory Group Holding Foundation, Jersey, intends to indirectly acquire an equity shareholding of 33% in and joint control over VW Volleyball World SA, Switzerland, a wholly-owned subsidiary of Fédération Internationale de Volleyball, Switzerland.

Economic sector: Provision of sports, entertainment and recreational services

Industry sector: R - Kunst, Unterhaltung und Erholung

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.03.2021.

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 13.03.2021 .

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