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MERGERS: AMO SR initiated the administrative proceedings in the matter of creating joint ventures by the undertakings SIGNA Holding GmbH and Hudson's Bay Company

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On 13 September 2018 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter "the Office") initiated the administrative proceedings in the matter of a merger which, according to the notification, is grounded in the creation of joint ventures Luxembourg Investment Company 265 S.à.r.l. seated in Luxembourg, HBS Global Properties Luxembourg S.à.r.l. seated in Luxembourg and HBC Luxembourg Property Holding Company S.à.r.l. seated in Luxembourg by the undertakings SIGNA Holding GmbH, the Republic of Austria and Hudson's Bay Company, Canada.
G.47.19 Other retail sale in non-specialized stores
L.68 Real estate activities
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.