Merger Notification - Announcement according to § 10 Cartel Act
AI Xenon New Sponsor LP; Assembly Holdco LP
BWB/Z-5473
On 21.06.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Advent International Corporation, Boston, Massachusetts, USA, intends to indirectly acquire approximately 40% of the equity interests in Assembly Holdco LP, Irvine, California, USA, via the affiliated company AI Xenon New Sponsor LP.
Economic Sector: Computer programming, consultancy and related activities; Advertising and market research.
Industry sector: J - Information und Kommunikation M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.07.2021.
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 20.07.2021 .