Merger Notification - Announcement according to § 10 Cartel Act
PORR Beteiligungen und Management GmbH; hospitals Projektentwicklungsges.m.b.H
BWB/Z-5721
On 22.10.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
PORR Beteiligungen und Management GmbH, Wien, ("PORR") holds 74% of the shares in hospitals Projektentwicklungsges.m.b.H., Graz ("hospitals Graz"). This share currently confers joint control over hospitals Graz (together with IGO Construction GmbH). Due to a planned modification of the articles of association of hospitals Graz PORR will acquire sole control over hospitals Graz.
Business sector concerned: inpatient rehabilitation facilities
Industry sector: Q - Gesundheits- und Sozialwesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.11.2021.
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 20.11.2021 .