Merger Notification - Announcement according to § 10 Cartel Act

The Blackstone Group Inc.; Sphera Solutions Inc. - BWB/Z-5559 | Bundeswettbewerbsbehörde

The Blackstone Group Inc.; Sphera Solutions Inc.

BWB/Z-5559

22.07.2021

On 22.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Indirect acquisition of 100 % of the shares in Sphera Solutions, Inc., USA, by entities controlled by The Blackstone Group Inc., USA.


Economic Sector: Provision of IT-services

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.08.2021.

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 20.08.2021 .

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