Merger Notification - Announcement according to § 10 Cartel Act

Valida Plus AG; Top Vorsorge Management GmbH - BWB/Z-5722 | Bundeswettbewerbsbehörde

Valida Plus AG; Top Vorsorge Management GmbH

BWB/Z-5722

25.10.2021

On 22.10.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Valida Plus AG, Vienna, intends to increase its shareholding in Top Vorsorge Management GmbH, Vienna, from 25.03% to 50%.

Economic Sector: Other information technology and computer service activities

Industry sector: J - Information und Kommunikation

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 .

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