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MERGERS: AMO SR initated the administrative proceedings in the matter of a merger of undertakings UBM hotels Management GmbH and VIENNA INTERNATIONAL Hotelmanagement Aktiengesellschaft

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On 15 November 2017 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter "the Office") initiated the administrative proceedings in the matter of the intention of a merger which according to notification will be grounded in the creation of a full-function joint venture of the undertakings UBM hotels Management GmbH and VIENNA INTERNATIONAL Hotelmanagement Aktiengesellschaft. The joint venture will operate hotels on the basis of franchise agreements.
 
Sector: I.55.1 - Hotels and similar accommodation
 
Third parties, namely natural and legal persons may submit their comments, objections and information on notified mergers to the Office. We request the third parties to submit their comments to the Office as soon as possible following the publishing of notification what may allow the Office to deal with these comments in the first phase of assessment of notified merger with respecting the legal periods.