Merger Notification - Announcement according to § 10 Cartel Act
Vivendi SE; Lagardère SA
BWB/Z-5536
On 14.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
This notification relates to the acquisition by Vivendi SE (France) of a non-controlling minority shareholding in Lagardère SA (formerly Lagardère SCA) (France), bringing Vivendi SE’s total shareholding in Lagardère SA to a non-controlling minority shareholding of 26.66% of the share capital
and of 20.41% of the voting rights.
The Transaction concerns the following activities on the side of the target: Retail trade; Retail sale in non-specialised stores; Retail sale of cultural and recreation goods in specialised stores; Publishing of books, periodicals and other publishing activities; Book publishing
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.08.2021.
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 12.08.2021 .