Merger Notification - Announcement according to § 10 Cartel Act

Fosun International Limited; Sergio Rossi S.p.A - BWB/Z-5459 | Bundeswettbewerbsbehörde

Fosun International Limited; Sergio Rossi S.p.A

BWB/Z-5459

15.06.2021

On 11.06.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Fosun International Limited intends to indirectly acquire all shares in and sole control over Sergio Rossi S.p.A. 
 

Economic sector: Manufacture of footwear.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.07.2021.

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 10.07.2021 .

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