Merger Notification - Announcement according to § 10 Cartel Act

Signa At 2020 Drei GmbH; ada Learning GmbH - BWB/Z-5592 | Bundeswettbewerbsbehörde

Signa At 2020 Drei GmbH; ada Learning GmbH

BWB/Z-5592

02.08.2021

On 02.08.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of shares of ada Learnning GmbH (Düssseldorf) by SIGNA AT 2020 Drei GmbH of approximately 33.333% by a captial increase to joint control of ada Learning GmbH to SIGNA AT 2020 Drei GmbH (Innsbruck) and the existing shareholders of ada Learning GmbH (Düsseldorf).

Business sector concerned: Information und communcation (Media).

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.08.2021.

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 31.08.2021 .

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