Merger Notification - Announcement according to § 10 Cartel Act
Oaktree Capital Group, LLC; ABC Technologies Holdings Inc.; Apollo Management, L.P
BWB/Z-5694
On 01.10.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Oaktree Capital Group, LLC, Los Angeles, USA, intends to acquire, indirectly through entities owned by funds managed by Oaktree Capital Management, L.P., approx. 26% of the shares in ABC Technologies Holdings Inc, Toronto, Canada.
Affected industries: Manufacture of other parts and accessories for motor vehicles.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.10.2021.
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 30.10.2021 .