Merger Notification - Announcement according to § 10 Cartel Act
DZ BANK AG; Atruvia AG; BMS Corporate Solutions GmbH; FinCompare GmbH
BWB/Z-5787
On 01.12.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
DZ BANK AG (Germany), Atruvia AG (Germany), BMS Corporate Solutions GmbH (Germany) and a consortium of Volks- and Raiffeisenbanken (Germany), through its investment special purpose vehicle VAD Beteiligungen GmbH (Germany), intends to acquire indirectly 94,74% of the shares in FinCompare GmbH (Germany).
The following Austrian NACE codes are concerned: Other activities auxiliary to financial services, except insurance and pension funding.
Industry sector: K - Erbringung von Finanz- und Versicherungsdienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.12.2021.
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 30.12.2021 .