Merger Notification - Announcement according to § 10 Cartel Act
Francisco Partners Management L.P.; MyHeritage Ltd.
BWB/Z-5292
On 05.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Francisco Partners Management L.P., USA, intends to indirectly acquire no less than 80% shares and exclusive control over MyHeritage Ltd., Israel, through Francisco Part-ners VI, L.P., Francisco Partners VI-A, L.P., Francisco Partners VI-B, L.P., Francisco Partners VI-C, L.P. and Francisco Partners VI-D, L.P., Cayman Islands and USA.
Economic sector: Information services
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 06.04.2021.
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 07.04.2021 .