Merger Notification - Announcement according to § 10 Cartel Act
IC Immobilien Holding GmbH; HIH Real Estate GmbH; HIH Property Management GmbH
BWB/Z-5785
On 30.11.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The notified transaction conserns the aquisition of initially 51% and in the future 100% of the shares in and thus the aquisition of initially joint control with HIH Real Estate GmbH, belonging to the VIGRO Group, Hamburg, Germany by IC Immobilien Holding GmbH.
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 28.12.2021.
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 29.12.2021 .