Merger Notification - Announcement according to § 10 Cartel Act

Proxima Beta Europe B.V.; 1C Entertainment Spółka Akcyjna - BWB/Z-5575 | Bundeswettbewerbsbehörde

Proxima Beta Europe B.V.; 1C Entertainment Spółka Akcyjna

BWB/Z-5575

29.07.2021

On 28.07.2021 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 company Proxima Beta Europe B.V., Amsterdam, Netherlands, 92.03% of the shares in and sole control over 1C Entertainment Spółka Akcyjna, Warsaw, Poland.


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 25.08.2021.

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 26.08.2021 .

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