Merger Notification - Announcement according to § 10 Cartel Act
Proxima Beta Europe B.V.; Crytek GmbH
BWB/Z-5571
On 27.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Tencent Holdings Limited, George Town, Cayman Islands, intends to indirectly acquire, via the wholly owned indirect subsidiary Proxima Beta Europe B.V., Amsterdam, the Netherlands, the IP rights pertaining to two video games of Crytek GmbH, Frankfurt am Main, Germany. It is further envisaged that Tencent Holdings Limited will, in one or more further steps, via Proxima Beta Europe B.V. or another subsidiary, acquire further assets of Crytek GmbH (via a new entity) and/or the majority of the shares in, as well as joint control over Crytek GmbH.
Economic Sector: Publishing of computer games
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.08.2021.
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 25.08.2021 .