Merger Notification - Announcement according to § 10 Cartel Act
Advent International Corporation; Viking Global Investors LP; Global Processing Services Group Limited
BWB/Z-5724
On 25.10.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Funds managed and/or advised by Advent International Corporation and Viking Global Investors LP (USA) intend to indirectly acquire joint control over Global Processing Services (UK).
The Proposed Transaction concerns payment processing services.
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.11.2021.
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 23.11.2021 .