Merger Notification - Announcement according to § 10 Cartel Act

GRP III HPC Lux S.à r.l.; 55 East 52nd Street - BWB/Z-5791 | Bundeswettbewerbsbehörde

GRP III HPC Lux S.à r.l.; 55 East 52nd Street

BWB/Z-5791

07.12.2021

On 07.12.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Global Renewable Power Fund III SCSp (acting by its investment manager BlackRock Financial Management, Inc.) intends to indirectly acquire – via the newly incorporated special purpose vehicle GRP III HPC Lux S.à r.l. – a minority stake in IONITY Holding GmbH & Co. KG, Munich, Germany. 

Industry sector: H - Verkehr und Lagerei

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.01.2022.

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 05.01.2022 .

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