Merger Notification - Announcement according to § 10 Cartel Act
Clayton, Dubilier & Rice Fund XI, L.P.; PwC’s globales Mobilitätsdienstleistungsgeschäft
BWB/Z-5750
On 10.11.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Clayton, Dubilier & Rice Fund XI, L.P., United States, intends to indirectly acquire all shares in PwC International Assignment Services Holdings Pte. Limited, PricewaterhouseCoopers Assessoria Empresarial Ltda. and PwC Société d’Avocats as well as certain other assets comprising PwC’s global mobility service business. The transaction relates to global mobility and relocation services.
Industry sector: N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.12.2021.
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 10.12.2021 .