Merger Notification - Announcement according to § 10 Cartel Act

Financière Verdi I SAS; Altan Pharma Limited - BWB/Z-5519 | Bundeswettbewerbsbehörde

Financière Verdi I SAS; Altan Pharma Limited



On 08.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Financière Verdi I SAS (Saint-Cloud / France), which is solely controlled by funds managed by PAI Partners SAS (Paris / France), intends to acquire all the shares in and sole control over Altan Pharma Limited and its subsidiary (Dublin / Ireland).

The proposed concentration concerns generic specialty injectable pharmaceuticals.

Affected industry: Manufacture of pharmaceutical preparations

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.08.2021.

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 06.08.2021 .

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